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. First Chinese Satellite Conglomerate Beams Into Operation

A major growth market.
by Staff Writers
Beijing (XNA) Jan 02, 2008
China Satellite Communications Corporation (China Satcom), Sino Satellite Communications Company Ltd. (Sinosat) and China Orient Telecommunications Satellite Company Ltd. (China Orient) announced the start of their joint-venture here on Tuesday.

Named China Direct Broadcast Satellite Company (China DBSAT), it was founded last December to merge all satellite-related assets, businesses and professionals of the three companies into the country's sole satellite operation conglomerate.

Currently, China DBSAT operated and managed four geo-stationary satellites. Another three were under construction and would be launched in succession to provide a wider array of more reliable services to clients in China and other Asia-Pacific countries and regions, said the company.

China Satcom was one of the country's six major basic telecom operators. Headquartered in Beijing, its main businesses encompassed satellite, mobile communications, Internet and network services. China Orient was one of its member enterprises.

Sinosat, a Beijing-based state-owned telecommunications satellite operator, main business scope covered the marketing and leasing of its satellite transponders, development, operation and management of the satellite telecommunications systems.

Source: Xinhua News Agency

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President Hu: China Joins Nations With Capability Of Deep Space Exploration
Beijing (XNA) Dec 14, 2007
Chinese President Hu Jintao said the success of the first stage of China's lunar probe program indicated the nation had joined countries with capability of deep space exploration. Hu made the remarks at a grand ceremony held Wednesday morning at the Great Hall of the People to celebrate the first-phase lunar probe project's success. He said the lunar probe was another milestone in China's space exploration, following the successes of man-made satellites and manned space flights.

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