Asia Satellite Telecommunications Holdings Limited, or AsiaSat, reported that licensing approvals are inhibiting growth from its new satellites AsiaSat 6 and AsiaSat 8 during its 2015 interim results for the six months ended June 30. Combined with the challenge of excess capacity in Asian markets and flattening demand in some places, the company felt downward pressure on pricing that it expects will persist into the near future until that capacity is absorbed.
“The first six months...
AsiaSat 6 and 8 Growth Cut Short by Licensing Hang-ups
“The first six months...
AsiaSat 6 and 8 Growth Cut Short by Licensing Hang-ups