AsiaSat reports healthy financial results and outlook, countering FSS GEO trend

by Peter B. de Selding

PARIS — Satellite fleet operator AsiaSat, in what has become a rare event among FSS operators, on March 23 reported increased revenue and pretax profit for the 12 months ending Dec. 31, 2017.

With its new AsiaSat-9 satellite entering service last November and its total fleet fill rate up despite the newly available capacity, AsiaSat said its three-year outlook is for stable video and data business.

The 2018 results also should be buoyed by the recent lease of the AsiaSat-4 satellite to China Great Wall Industry Corp . . .

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