APTT provides transponder utilization service, satellite communication service and satellite TV broadcasting service to the broadcasting and telecommunication operators in Asia-Pacific, Europe and the US.
The APT Satellite Group’s turnover for the six months ended June 30, 2008, amounted to HK$198 million, down from HK$230 million in the corresponding period last year. The group has posted a profit of HK$6.8 million, up from HK$5 million in 2007.
The Group has collaborated with telecommunication and broadcasting operators in providing transponder services and broadcasting services for the Beijing Olympic Games 2008.
NTT Com Asia will now transfer its entire stake in APT Satellite Telecommunications (APTT) to another NTT Communications’ wholly owned subsidiary, NTT Worldwide Telecommunications, which owns and operates the group’s data centers around the globe.
The NTT Com Group has been offering data center services in Hong Kong since 2001, with leased space from the Tai Po Data Center as one of its offerings. The acquisition of APTT is expected to expand and enhance the group’s data center services for multinational companies. The Tai Po Data Center will help meet the demand for data center services among NTT Com customers operating in Hong Kong, a gateway to mainland China as well as a primary hub of IT business in Asia.
