PARIS — Satellite fleet operator APT Satellite Holdings of Hong Kong, which like many fleet operators is seeing its video business stagnate or shrink, is accelerating its move into broadband with the order of an Apstar 6E satellite to launch in 2023.
The satellite will be owned by a joint venture in which a newly established subsidiary, APT (HK), will own 20% and three Chinese government organizations owning the remaining shares.
The China Academy of Space Technology (CAST) will have a 51% share in . . .
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