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APT Satellite Holdings Ltd. (ATS)

News and Research on APT Satellite Holdings Ltd. (ATS)

Business Description

APT Satellite Holdings Limited provides satellite services in satellite transponders, satellite communication and satellite TV broadcasting to broadcasting and telecommunications sectors in Asia, Europe and the United States. The company operates in two segments: provision of satellite transponder capacity and related services and provision of satellite-based broadcasting and telecommunications services.

Satellites

The company operates five satellites namely APSTAR I, APSTAR IA, APSTAR IIR, APSTAR V and APSTAR VI (APSTAR SYSTEMS) through its own satellite control centre in Tai Po, Hong Kong. The company has finished building its satellite TV broadcasting platform for the provision of satellite TV broadcasting services, providing the satellite TV uplink and broadcasting services to the customers.

Satellite TV Broadcasting and Uplink Services

APT Satellite TV Development Limited (APT TV), a wholly owned subsidiary of the Group, has established the satellite TV broadcasting platform based on the Satellite TV Uplink and Downlink Licence of Hong Kong. As of December 31 2006, APT TV uplink and broadcast approximately 68 satellite TV channels for the region.

Satellite-based Telecommunications Services

APT Telecom Services Limited (APTS), a wholly owned subsidiary of the company, provides satellite-based external telecommunication services, such as VSAT, wholesales voice services, facilities management services, and teleport uplink services under the Fixed Carrier Licence of Hong Kong to telecom operators or users of the region, including satellite operators, ISPs, and wholesale voice players.

Forming Strategic Alliance in Sales and Marketing with Intelsat

Subsequent to the signing of a strategic cooperation agreement by and between the company and Intelsat Limited (Intelsat) in 2005, both sides have entered into master agreements which provide a cooperative framework for the transponder service between APT and Intelsat in December 2006. This strategic move allows Intelsat to make use of APSTAR V and APSTAR VI in the region.

Customers

The company’s customers include Broadcasting and Telecommunication customers.

Competition

The company competes either directly or indirectly with New Century Infocomm Tech Co., Ltd. and JSC Kazakhtelecom.

History

APT Satellite Holdings Limited was incorporated in 1992.