Reference articles on history, science, culture and more
Encyclopedia

AsiaSat

Hong Kong-based commercial operator of communications satellites

Asia Satellite Telecommunications Company Limited (AsiaSat) is a Hong Kong-based commercial operator of communications satellites founded in 1988. It is a wholly owned subsidiary of Asia Satellite Telecommunications Holdings Limited (AsiaSat Holdings), which is incorporated in Bermuda.

AsiaSat Holdings is jointly owned by Chinese state-owned CITIC Limited and private equity fund The Carlyle Group L.P. indirectly. It had a market capitalisation of HK$2 billion on 30 November 2018. It was a red chip company of the stock exchange. On 23 August 2019, the take private proposal scheme was approved by AsiaSat Holdings' public shareholders, followed by the approval of the Bermuda Court on 3 September 2019, whereupon The company became a private wholly owned subsidiary of Bowenvale Limited, a joint venture of CITIC and Carlyle. The listing of the company's shares was withdrawn from the Stock Exchange of Hong Kong on 5 September 2019.

01History

In September 2017, AsiaSat 9, AsiaSat's latest satellite built by Space Systems/Loral was successfully launched and replaced AsiaSat 4 at 122° East.

AsiaSat owns and operates seven satellites, including AsiaSat 3S, AsiaSat 4, AsiaSat 5, AsiaSat 6, AsiaSat 7, AsiaSat 8 and the new AsiaSat 9.

02Shareholders

As of 31 December 2017, the direct parent company, Bowenvale Limited, owned 74.43% shares; Bowenvale was jointly owned by CITIC Limited and The Carlyle Group LP in a 50-50 ratio. Standard Life Aberdeen plc was the second largest shareholder for 5.36%. In May 2018, the ratio owned by Standard Life Aberdeen had decreased to 4.99%. In November 2018, another private equity firm International Value Advisers owned 6.12% shares of AsiaSat.

On 3 September 2019, following the approval of the privatisation plan by public shareholders, Asia Satellite Telecommunications Holdings Limited became a privately wholly owned subsidiary of Bowenvale Limited, which is now jointly owned by CITIC Group and Carlyle Asia Partners IV, L.P.

03Launch history and future plans

This is a list of satellites owned and operated by AsiaSat.

AsiaSat satellites
Satellite Launch Date
(UTC)
Rocket Launch Site Contractor Longitude Status Notes Ref.
AsiaSat 1 7 Apr 1990 Long March 3 Xichang, LC-3 CASC Decommissioned Launched as Westar 6 on Space Shuttle mission STS-41B, became stranded in orbit, was retrieved by Space Shuttle mission STS-51A in November 1984, sold to AsiaSat.
AsiaSat 2 28 Nov 1995 Long March 2E Xichang, LC-2 CASC 100.5° East Decommissioned
AsiaSat 3 24 Dec 1997 Proton-K / DM-2M Baikonur, Site 81/23 ILS 105.5° East (intended)
158° West (1998-1999)
62° West (1999-2002)
Decommissioned Transferred to Hughes Global Services (HGS)
AsiaSat 3S 21 Mar 1999 Proton-K / DM-2M Baikonur, Site 81/23 ILS 147.5° East Decommissioned Replaced AsiaSat 1 on 8 May 1999 and was replaced by AsiaSat 7
AsiaSat 4 12 Apr 2003 Atlas IIIB Cape Canaveral, LC-36B ILS Relocated to a designated orbital position in November 2017 In Service
AsiaSat 5 11 Aug 2009 Proton-M / Briz-M Baikonur, Site 200/39 Khrunichev 100.5° East In Service A replacement satellite for AsiaSat 2
AsiaSat 6 / Thaicom 7 7 Sep 2014 Falcon 9 v1.1 Cape Canaveral, SLC-40 SpaceX 120° East In Service
AsiaSat 7 25 Nov 2011 Proton-M / Briz-M Baikonur, Site 200/39 Khrunichev 105.5° East In Service Replaced AsiaSat 3S at the orbital location of 105.5° East.
AsiaSat 8 5 Aug 2014 Falcon 9 v1.1 Cape Canaveral, SLC-40 SpaceX 105.5° East In Service AsiaSat satellite with multiple Ku beams.
AsiaSat 9 28 Sep 2017 Proton-M / Briz-M Baikonur, Site 200/39 Khrunichev 122° East In Service Replaced AsiaSat 4 at 122° East.
Watch videos about AsiaSatExplainers and documentaries on YouTube (opens in a new tab)

Sources and credits

This article is adapted from the Wikipedia article AsiaSat, written by its contributors and licensed under CC BY-SA 4.0. Fathomly has changed the layout, removed citation markers, navigation and maintenance notices, and adjusted punctuation. This adapted version is shared under the same license. For references, see the original article.

Fathomly is not affiliated with or endorsed by the Wikimedia Foundation. Spotted a problem? Tell us.