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China Satellite Communications
Chinese aerospace company From Wikipedia, the free encyclopedia
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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.
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History
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]
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Subsidiaries
- 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
External links
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