APT Satellite reports double-digit revenue, profit increases; investing in Earth stations for high-throughput capacity

by Peter B. de Selding

LA PLATA, Maryland — APT Satellite Holdings reported double-digit increases in revenue and profit for the six months ending June 30, with new business in Malaysia and customers moving from a failed satellite to APT capacity driving the increase.

Hong Kong-based APT’s growing focus is on high-throughput satellites to provide connectivity, rather than broadcast satellites in the overcrowded Southeast Asian direct-to-home television business.

In an Aug. 23 financial report to the Hong Kong Stock Exchange, APT said it has acquired . . .

To view the entire article, become a subscriber!

You may also like