Asiasat

AsiaSat seeks US$306m financing from US Export-Import Bank

2 Mar 2013

The Hong Kong-based company, whose major shareholders are Citic Pacific and General Electric, plans to use the funds for the construction and launch of two new satellites, AsiaSat 6 and AsiaSat 8...

Cost cuts help AsiaSat lift profit 11pc

13 Mar 2008

Asia Satellite Telecommunications Holdings, part-owned by Citic Group, saw a 10.9 per cent growth in net profit last year, thanks to lower costs and higher interest income.

AsiaSat may seek delisting in New York

19 May 2007

Asia Satellite Telecommunications Holdings said it might delist from the New York Stock Exchange, a month after its largest shareholders failed to take the firm private because of a veto by the...

Bid to buy out AsiaSat seen by US as resale of restricted technology

1 May 2007

The United States Department of State vetoed the joint HK$2.3 billion privatisation bid from state-owned Citic Group and a unit of General Electric for Asia Satellite Telecommunications Holdings...

AsiaSat still keen to go private despite US rebuff

26 Apr 2007

Asia Satellite Telecommunications Holdings, which on Tuesday failed to get approval from the United States Department of State to privatise, said its shareholders might seek another privatisation...

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US blocks AsiaSat plans to go private

Buyout raises concern over technology transfer

Business loses as Bush bars Citic-GE bid for AsiaSat

The Bush administration's decision to stop a General Electric subsidiary from teaming up with state-owned Citic Group to privatise Asia Satellite Telecommunications Holdings is the latest in a...

Launch a new career in communications

A unique opportunity to work for one of Hong Kong's two satellite operators has just appeared on the radar.

AsiaSat sees slight rise

Asia Satellite Telecommunications Holdings (AsiaSat) recorded a net profit of HK$279.82 million in the six months to June 30, up 0.6 per cent from HK$278.05 million in the same period last year....

AsiaSat lifts SpeedCast stake

Asia Satellite Telecommunications (AsiaSat) will inject US$4 million worth of cash and assets into the broadband enabler and service provider SpeedCast, raising its stake in the venture from 36.5...

AsiaSat registers decline

Regional satellite operator Asia Satellite said net profit fell 2 per cent to HK$562.98 million on turnover of HK$969.45 million for the year to December 31 last year. The result was at the top...