| Business Summary | | Asia
Satellite
Telecommunications
is
a
provider
of
satellite
transponder
capacity
in
Asia.
The
Company
operates
its
business
through
its
wholly
owned
subsidiary,
AsiaSat.
The
Company
currently
operates
two
satellites:
AsiaSat
2
and
AsiaSat
3S.
The
Company's
satellites
provide
15
coverage
to
more
than
50
countries,
with
approximately
3.3
billion
people,
from
Siberia
to
Australia
and
from
Japan
to
the
Middle
East.
The
Company
provides
transponder
capacity
primarily
to
the
broadcasting,
telecommunications
(including
private
communication
networks),
Internet
and
multimedia
markets.
AsiaSat
has
entered
into
separate
transponder
utilization
agreements
with
nearly
100
customers
from
various
countries
and
regions | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SAT
provides
satellite
transponder
capacity
in
Asia
primarily
to
the
broadcasting
and
telecommunications
markets,
including
the
private
communications
network
market.
For
the
fiscal
year
ended
12/31/00,
revenues
rose
24%
to
HK$997.4
million.
Net
income
after
U.S.
GAAP
adj.
rose
54%
to
HK$568.1
million.
Results
reflect
increased
demand
for
C-band
capacity
on
AsiaSat
3S
at
the
popular
orbital
slot,
lower
provision
for
doubtful
debts
and
a
HK$10
million
bad
debts
recovery. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Xiao Qin, 51 | Chairman | Peter Jackson, 51 | CEO | William Wade, 43 | Director
and Deputy CEO | Denis Lau, 60 | Sec.
and Gen. Manger, Fin. and Admin. | Liqun Chen, 49 | Gen.
Mang., China |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|