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These 4 Measures Indicate That China Satellite Communications (SHSE:601698) Is Using Debt Reasonably Well
China Satellite Communications (601698.SH) did not participate in Starlink program.
China Satellite Communications (601698.SH) stated on the investor interaction platform on August 15th that Starlink is a low-orbit internet constellation project proposed by SpaceX, and China Satellite Communications did not participate in the Starlink project. China Satellite Communications provides safe and stable broadcasting and television signal transmission services for the public through the operation and management of 17 high-orbit communication and broadcasting satellites, and provides exclusive services for national government departments and important industry customers, as well as timely and reliable communication guarantee for major events and emergency rescue.
China Satellite Communications (601698.SH) provided powerful support and solid guarantee for the broadcasting work of the Paris Olympics.
On August 7th, Glonui.com reported that China Satellite Communications (601698.SH) stated on the investor interaction platform that the company provided strong support and solid guarantee for the broadcasting work of the Paris Olympic Games. China Satellite Communications uses its independently operated Zhongxing 6D, Zhongxing 6E, and Zhongxing 9 satellite resources to assist CCTV-5, CCTV-5+ and CCTV-16 to transmit the opening ceremony and competition highlights with high quality. As a pioneer of the Internet in China, China Satellite Communications' subsidiary, Star Navigation, focuses on the aviation Internet field and continues to improve its Ka high-throughput satellite machine.
China Satellite Communications (601698.SH) can provide customers with satellite operation services and related application services.
China Satellite Communications (601698.SH) stated on the investor communication platform that as a satellite communication operator in China with communication satellite resources that are independently controllable, it possesses licenses for both basic and value-added telecommunication services. It has the qualifications to engage in operations related to satellite mobile communication, satellite fixed communication, satellite transponder rental and sales, domestic small aperture terminal earth station communication services, and internet access services. It can provide customers with satellite operation services, network system integration and services, comprehensive information services, and other related application services.
Investors Could Be Concerned With China Satellite Communications' (SHSE:601698) Returns On Capital
Unpleasant Surprises Could Be In Store For China Satellite Communications Co., Ltd.'s (SHSE:601698) Shares
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