Anglosovic Satellite Broadcasting/History

New shareholders
Following IBA's block of its attempted merger with Sky and Bond International's exit from the venture, ASB's administration and shareholders needed to find a solution for its huge losses in order to avoid its bankruptcy. Carltrins Communications and, which bid for the IBA franchise in 1986, along with Orbitel Communications, made a bid to acquire a major stake in the company in order to revert the situation. ASB accepted the offer, forming a new shareholder structure.