(17 April 2007 6:00 pm)

MUMBAI: Asia Satellite Telecommunications Company Limited (AsiaSat) was once again voted as the “Best Asian Satellite Carrier” in the 2007 Telecom Asia Awards, presented by Telecom Asia Group at a ceremony held in Hainan Island, China on 16 April.

The Awards were scored by a 15-member judging panel of industry professionals, and backed by financial analysis from ICT research firm IDC, a copmpany release states. Winners were chosen based on their financial performance, market leadership, technology innovation and corporate governance.

"Telecom Asia congratulates AsiaSat in winning what is one of the toughest sectors in the industry. The judges recognised its financial discipline in difficult trading conditions as well as its strategic vision in positioning itself in the growing content and DTH segments," said Telecom Asia Awards organiser Robert Clark.

“We would like to thank Telecom Asia and the judges for recognising and honouring AsiaSat's continued efforts in striving for the highest standards in all of our services, and our customers, partners and staff for their support, loyalty and dedication that have made AsiaSat the premier satellite operator in Asia. Our commitment to quality and integrity, and value will continue to be our focus in the future," said AsiaSat CEO Peter Jackson.

In 2006, AsiaSat achieved encouraging growth in overall utilisation with an expanding premium customer base, and an increasing number of video and audio channels delivered by its satellite fleet. In addition, AsiaSat's associate and subsidiary companies including its broadband venture SpeedCast, Skywave DTH service, and China VSAT joint venture Beijing Asia Sky, also improved their financial performance over the past year.