GT Satellite Systems S.A. and Asia Broadcast Satellite have signed a US$125 million deal for multiple transponders on a condosat and lease basis to augment its multi-service capacity on ABS-2. Since its multiple transponder lease agreement announced in 2009, GTSS has further developed its platform services, including TV channels "Raduga TV" Russian and CIS DTH business. This led GTSS to make a strategic investment to purchase additional condosat transponders on ABS-2, scheduled to be launched in … [Read more...] about GTSS and ABS invest in the future
Asia Broadcast Satellite
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
ViaSat adds Asia Broadcast Satellite ABS-7 Ka-band to services coverage
Carlsbad, Calif./Hong Kong - ViaSat Inc. and Asia Broadcast Satellite have entered into a multi-year agreement to provide Ka-band satellite service in key areas of the Middle East using the ABS-7 satellite. The bandwidth will be used for fixed and mobile satellite services as a part of ViaSat’s continuing expansion of its Yonder mobile satellite network from global Ku-band coverage to growing Ka-band coverage in key international markets. ABS-7 (formerly Koreasat-3) provides 600 MHz of … [Read more...] about ViaSat adds Asia Broadcast Satellite ABS-7 Ka-band to services coverage
SpaceCom International & Asia Broadcast Satellite sign multiple transponder deal on ABS-7
Hong Kong - Asia Broadcast Satellite (ABS) and SpaceCom International, LLC (SpaceCom) have signed a long term, multi-transponder agreement for Ku-band capacity on ABS-7 to support SpaceCom's rapid growth throughout the Middle East and Asia region. SpaceCom has quickly become a leading provider of telecommunications services and solutions throughout the Middle East and Southeast Asia. The Middle East Ku-band capacity will be used to support the Government, Military, GSM/Cellular, Telecom and Oil … [Read more...] about SpaceCom International & Asia Broadcast Satellite sign multiple transponder deal on ABS-7
Asia Broadcast Satellite launches Outdoor Channel HD across Asia
Hong Kong - Asia Broadcast Satellite (ABS) announced its first fully integrated high definition channel launch with Outdoor Channel throughout Asia and the Pacific. ABS is providing Outdoor Channel with a comprehensive, integrated broadcast solution including content library management, HD and SD playout, subtitling, encryption, and transmission services for Outdoor Channel, using its ABS-1 and ABS-5 satellites. The channel will be distributed via ABS-1’s wide C-band ‘B Beam’ … [Read more...] about Asia Broadcast Satellite launches Outdoor Channel HD across Asia
Permira Funds invest in Asia Broadcast Satellite
Hong Kong - A company backed by the Permira funds, along with the Asia Broadcast Satellite (ABS) management team, has reached an agreement to acquire Kingsbridge Limited, the holding company for ABS, one of the fastest growing premium satellite operators in the world. The Permira funds will become the majority shareholder of ABS. The acquisition of ABS is entirely equity funded. The Permira funds support ABS’ ambition to become a leading satellite operator in its target markets. One of its … [Read more...] about Permira Funds invest in Asia Broadcast Satellite
