AsiaSat 1
| Industry | Satellite communication |
|---|---|
| Founded | 1988 |
| Headquarters | Hong Kong |
| Website | www.asiasat.com |
Asia Satellite Telecommunications Co. Ltd. (commonly AsiaSat, : 1135) is a commercial operator of communication spacecraft. AsiaSat is based in Hong Kong with two major shareholders, CITIC (34.8 per cent) and Carlyle Asia Partners IV, L.P. (34.1 per cent).
In December 2013, AsiaSat commissioned AsiaSat 9—to be built by Space Systems/Loral—originally intending it to be launched in Q2 2017 in order to replace AsiaSat4 at 122 degrees east.
In early 2015, AsiaSat reported a nine percent revenue drop, and a 27 percent drop in contracts, pointing to a regional oversupply of satellite communication services in the Asian regions it serves. At that time, AsiaSat had four commsats in operation and had recently launched two more—AsiaSat 6 and AsiaSat8—which had added 22 percent additional bandwidth capacity into the shrinking market. Although revenues were down just nine percent—to HK$1365 billion—2014 profits declined by 25 percent over 2013, to HK$559 million.
This is a list of AsiaSat satellites, both launched and planned for future launch.
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