China Satellite Communications
| Formerly | China Satellite Communications Corporation |
|---|---|
| Company type | Subsidiary |
| Industry | Aerospace |
| Services | satellite communications |
| Owner | Chinese Government (via CASC) (99.75%) |
| Parent | China Aerospace Science and Technology Corporation |
| Website | chinasatcom.com |
China Satellite Communications Co., Ltd. known as China Satcom is a Chinese aerospace company that provides services via satellites. The company was a subsidiary of China Aerospace Science and Technology Corporation (CASC).
China Satellite Communications operated the brand ChinaSat. APT Satellite Holdings, a listed company that was jointly controlled by China Satellite Communications and China Great Wall Industry Corporation (another subsidiary of CASC), operated satellites under the brand Apstar.
Before re-incorporated as a limited company, the company was known as China Satellite Communications Corporation.
History[edit]
China Satellite Communications Corporation was formed sometime in 2000 by the merger of several satellite companies of the Ministry of Posts and Telecommunications[1]
In 2009, China Satellite Communications Corporation, a state-owned enterprise that was supervised by the State-owned Assets Supervision and Administration Commission of the State Council directly, was dismantled and distributed to China Aerospace Science and Technology Corporation and China Telecommunications Corporation respectively.[2][3] However, it also acquired Sino Satellite Communications from CASC as a subsidiary.
In 2017, China Satellite Communications was re-incorporated again as a "company limited by shares", a function analog to public limited company.[4]
Subsidiaries[edit]
- As of 31 December 2016
- APT Satellite International (42.86%)[5]
- APT Satellite Holdings (51.77%)[5]
- China Satellite Communications (Hong Kong) (100%)[5]
- Sino Satellite Communications
- former
- China Satcom Guomai Communications[6] (now known as Besttone Holding)
References[edit]
- ^ "关于组建中国卫星通信集团公司有关问题的批复" (in Chinese). State Council of the People's Republic of China. 16 June 2000. Retrieved 26 July 2017.
- ^ "Industry shakeup creates 3 telecom giants". China Daily. 25 May 2008. Retrieved 25 July 2017.
- ^ "China Satcom taken over amid telecom reshuffle". China Daily. 10 April 2009. Retrieved 25 July 2017.
- ^ "中国卫通整体改制为股份有限公司" (Press release) (in Chinese). China Satellite Communications. 27 June 2017. Retrieved 25 July 2017.
- ^ a b c "2016 Annual Report" (PDF). APT Satellite Holdings. Hong Kong Stock Exchange. 20 April 2017. p. 50. Retrieved 25 July 2017.
- ^ "2008 Annual Report" (PDF). China Satcom Guomai Communications (in Chinese). Shanghai Stock Exchange. 18 April 2009. Retrieved 25 July 2017.