Satellites

AsiaSat: 3S rev blunts numbers for fiscal 2016

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/tv-images/2017/03/27/AsiaSAT-JU%20Wei%20Mi.jpg?itok=_S72c2vb

BENGALURU: Asia Satellite Telecommunications Holdings Limited (AsiaSat) revenue of HK$ 1,272.39 million for the year ended 31 December 2016 (FY-16), down 2.9 per cent compared to HK$ 1,310.99 million for 2015 primarily due to reduced short-term revenue from AsiaSat 3S says the company. If excluding the short-term non-recurring AsiaSat 3S revenue, revenue grew by about three per cent it adds in an earnings release.

The company’s operating profit at HK$ 511.33 declined 16 per cent in FY-16 as compared to HK$ 608.69 million reported for the previous year. Profit before tax declined 14.1 per cent for FY-16 to HK$ 456.98 million from HK$ 532 million in FY-15. However, FY-16 profit attributable to owners was maintained at HK$ 430 million (2015: HK$ 440 million), as a result of lower income tax charges following the reversal of a provision made in previous years. The AsiaSat board has proposed dividend of HK$0.20 per share for the year.

The satellite communications company says that combined new and renewed contracts during the year were valued at HK$ 1,870 million (2015: HK $1,310 million). As at 31 December 2016, the value of contracts on hand increased by 16 per cent to HK$ 4,067 million (2015: HK$ 3,517 million).

On the operational front, the company says that utilisation of AsiaSat 4, AsiaSat 5, AsiaSat 6 and AsiaSat 7 as of 31 December 2016 stood at 67 per cent (99 transponders utilised), with AsiaSat 8’s entire Ku-band payload fully leased at 4 degrees West and AsiaSat 3S operating in inclined orbit to provide service in Asia.

AsiaSat 9, a replacement for AsiaSat 4 and planned for launch in late 2017, will offer additional capacity serving new markets for Direct-to-Home (DTH), regional video distribution, private networks and broadband services

The company claims that it continued to lead the industry in advanced technology through advocating Ultra HD (UHD) broadcasting in Asia with its free-to-air UHD channel ‘4K-SAT’ on AsiaSat 4, and evaluating opportunities to develop its High Throughput Satellite (HTS) Ka-band capabilities.

Company speak

AsiaSat’s Chairman, JU Wei Min, said, “In the coming year, the Board of Directors is cautiously optimistic on the economic prospects for the region, which, despite relatively flat indicators for some markets continues to invest in new telecommunications and media infrastructure, as well as renewing and updating existing facilities. New DTH platforms focused on smaller emerging markets remain attractive, especially given the need for relevant local-language services.”

“In order to address the ever-increasing, long-term demand for new data transmission capacity AsiaSat will continue to evaluate opportunities to develop its HTS Ka-band capabilities, carefully monitoring and benefiting from the technical and commercial progress of deployments of IoT, UHD and other consumer driven services,” JU added.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/01/10/PSLV%20satellites_1.jpg?itok=Yw-BT7At
ISRO eyes 100th satellite on 12 Jan; GSAT-11 launch in April

NEW DELHI: The Indian Space Research Organisation (ISRO) will launch its 100th satellite along with 30 others, including those from other countries, in a single mission on 12 January 2018 from Sriharikota It will be a milestone event in the country's space history even as communications satellite...

Satellites Satellite Launches
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/20/CABSAT-Content-Congress-2_0.jpg?itok=YcvSfKXr
Middle eastern audiences crave premium Arabic content: CABSAT 2018

MUMBAI: Demand for high quality Arabic content in the region has increased by almost 40% between 2011-2016, while western drama’s share of viewing decreased by an average of 55%, creating opportunities for regional producers to dominate the airwaves and secure their share of the market. According...

Satellites Satellite Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/14/joe.jpg?itok=Wa1kLKeq
CASBAA lauds India; calls for more broadcast, satellite reforms

NEW DELHI: Asian pay TV industry organisation CASBAA, while applauding the Indian government for ease of doing business, exhorted policy makers to further streamline norms relating to the broadcast and satellite industries as it led to procedural delays impacting business.

Satellites Satellite Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/14/Manoj%20Sinha1.jpg?itok=e_vWZFkE
Govt assures ease in licensing norms to TV channels, satellite operators

NEW DELHI: The Ministry of Communications (MoC) yesterday, while allaying concerns of the broadcast and satcom industries, assured that the government would further ease norms for doing business in India and that processes were underway for implementation soon to do away with multiple permissions...

Satellites Satellite Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/11/21/rocket.jpg?itok=svJ2aIUI
ISRO to double annual satellite launch

NEW DELHI: The Indian Space Research Organisation (ISRO) plans to increase its satellite capacity by upping launches from next year to keep pace with demands from users and is also releasing request for proposals (RFP) for 30 satellites, top Indian government officials said.

Satellites Satellite Launches
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/09/04/teleport.jpg?itok=-BS19KKl
Intelsat signs distribution contract with Indian teleport operator

MUMBAI: Intelsat S.A., an operator of the globalised network and leader in integrated satellite communications, and LAMHAS, a teleport operator in India, have announced a multi-year agreement for satellite services supporting media distribution in India via the Intelsat 20 satellite.

Satellites Teleports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/31/Satellite1_0.jpg?itok=rcdME4E7
Private sector enters satellite building with 'IRNSS replacement' launch today

MUMBAI: India's success in space exploration has been growing tremendously. One of the seven satellites in the constellation, as three rubidium atomic clocks on board had stopped functioning, the IRNSS- 1H satellite, weighing 1,425kg, will be launched from the second launch pad of the Satish...

Satellites Satellite Launches
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/16/Barrie_Woolston-Graham_Warren.jpg?itok=_QGtMB9i
AsiaSat 5 & Eurovision to deliver Taipei event in 4K & HD from 19 Aug

MUMBAI: Eurovision Media Services, in collaboration with its long-term satellite partner, Asia Satellite Telecommunications Company Limited (AsiaSat), will use AsiaSat 5 to deliver the Taipei 2017 Universiade across the Asia Pacific.

Satellites Satellite Operators
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/08/03/url.jpg?itok=lFHP9hx2
15 operational sats for communication, 26 under development

NEW DELHI: Fifteen of the 42 currently operational satellites are being utilised to meet the requirements of the communication industry, the minister of state in the department of space Jitendra Singh has said. Singh told the Parliament that the operational satellites in orbit comprise 18 earth...

Satellites Satellite Operators

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories