Hong Kong – The satellite industry is poised for on-going growth in the region, according to experts at the recently concluded CASBAA Satellite Industry Forum in Singapore. With delegates and speakers drawn from around the world, the CASBAA Forum provided a platform for the global and regional leadership to review the key issues affecting the industry including market demands, regulatory issues and the challenges provided to the sector by other telecoms and TV distribution services. … [Read more...] about Satellites on the up
ABS
ABS to strengthen service offering with bank loan financing
Hong Kong - Kingsbridge Ltd, the holding company of Asia Broadcast Satellite’s (ABS) group of operating companies has successfully closed a US$215m five year senior bank loan from a financial consortium. The financing will be used to fully fund the capital expenditure programme for ABS-2, a state-of-the-art high powered satellite to be launched at 75°E in 2013, as well as to provide funds for future strategic initiatives and acquisitions. ABS’ prime orbital locations currently cover … [Read more...] about ABS to strengthen service offering with bank loan financing
ABS acquires Koreasat-3
KT Corporation (KT) and Asia Broadcast Satellite (ABS) announced that they have completed their second successful transaction in less than 12 months with the execution of the agreement for the sale and purchase of the Koreasat-3 satellite. KT and ABS had earlier announced the successful completion of the sale and purchase of the Koreasat-2 satellite. The closing of the Koreasat-3 sale will occur upon the issuance of the necessary US governmental approvals. The Koreasat-3 satellite is a Lockheed … [Read more...] about ABS acquires Koreasat-3
ABS acquires Koreasat-3
KT Corporation (KT) and Asia Broadcast Satellite (ABS) announced that they have completed their second successful transaction in less than 12 months with the execution of the agreement for the sale and purchase of the Koreasat-3 satellite. KT and ABS had earlier announced the successful completion of the sale and purchase of the Koreasat-2 satellite. The closing of the Koreasat-3 sale will occur upon the issuance of the necessary US governmental approvals. The Koreasat-3 satellite is a Lockheed … [Read more...] about ABS acquires Koreasat-3
ABS signs deal with Intersputnik
Asia Broadcast Satellite (ABS) and the Intersputnik International Organization of Space Communications (Intersputnik) announced that they have signed a substantial multi-transponder lifetime lease agreement for capacity on board the ABS-2 satellite expected to launch in 2012. This multi-million dollar agreement with Intersputnik will represent the largest customer to date on the ABS-2 spacecraft for the lifetime lease of multiple Ku-band transponders on the new ABS-2 Russia/CIS Beam for … [Read more...] about ABS signs deal with Intersputnik
ABS signs deal with Intersputnik
Asia Broadcast Satellite (ABS) and the Intersputnik International Organization of Space Communications (Intersputnik) announced that they have signed a substantial multi-transponder lifetime lease agreement for capacity on board the ABS-2 satellite expected to launch in 2012. This multi-million dollar agreement with Intersputnik will represent the largest customer to date on the ABS-2 spacecraft for the lifetime lease of multiple Ku-band transponders on the new ABS-2 Russia/CIS Beam for … [Read more...] about ABS signs deal with Intersputnik
