New satellites to expand ABS global reach
Asia Broadcast Satellites is preparing to launch two new satellites as part of its global expansion program.
ABS says it is preparing for a major business expansion with the launch of its ABS-2A & ABS-3A in 2014-15 and further satellites will be added to the fleet in the following two years.
ABS launched its sixth satellite, ABS-2, in February 2014, covering 80 per cent of the world’s population including the emerging markets of Africa, Asia, Europe, Middle East, Russia and the Commonwealth of Independent States.
Two new Boeing satellites will be the first all-electric types in the world to enter service, with the launch of ABS-2A and ABS-3A into geostationary orbit in late 2014 and 2015.
Tom Choi, CEO of ABS says that in less than a decade, ABS has grown dramatically from being a single satellite operator to being a global industry leader.
“By providing technologically advanced and cost-effective solutions designed to offer our customers the best possible value, ABS has rapidly established itself as a reliable and trusted partner to a prestigious list of global customers and is now well positioned for major global expansion,” he says.
ABS is majority owned by funds managed by the European Private Equity firm Permira and is headquartered in Bermuda, with offices in the United States, Dubai, South Africa, Germany, Philippines, Indonesia, Malaysia, Singapore and Hong Kong.