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Yahsat partners with Eutelsat Group to leverage EUTELSAT KONNECT satellite to drive growth across its global footprint

22/05/2024

Photo credit: Artist s rendition of EUTELSAT KONNECT VHTS satellite (Credit Thales Alenia Space)

Press release - 22 May 2024 15:19

Yahsat partners with Eutelsat Group to leverage EUTELSAT KONNECT satellite to drive growth across its global footprint Share on Facebook Share on Linkedin Share on Twitter Download as PDF

EUTELSAT KONNECT satellite will enhance Yahsat's satellite network with multi-year, multi Gbps contract for delivery of high-speed internet connectivity across multiple African and Middle East nations

Paris, 22 May 2024 - Eutelsat Group (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) and YahClick, the data solutions' arm of Al Yah Satellite Communications Company PJSC (Yahsat), the UAE's flagship satellite solutions (ADX: YAHSAT, ISIN: AEA007501017), today announced the signing of a Memorandum of Understanding (MoU), enabling YahClick to leverage capacity on Eutelsat's geostationary satellite, EUTELSAT KONNECT.

The collaboration between the two leading satellite operators is in line with Yahsat's efforts to elevate its offerings and drive growth across its satellite broadband footprint in Africa to provide enhanced services and expand into new markets in Africa and beyond. As part of the agreement. Yahsat will enjoy exclusive rights to Eutelsat's KONNECT capacity over Ethiopia, one of the fastest-growing African markets.

In service since November 2020, EUTELSAT KONNECT is a high throughput satellite delivering significant resources for broadband services with 75 Gbps of capacity across a network of 65 spotbeams. Originally covering Europe and Africa, the satellite's entire capacity is being progressively transferred to provide dedicated African coverage.

Commenting on the MOU, Sulaiman Al Ali, Chief Commercial Officer of Yahsat said: We are delighted to partner with Eutelsat and have access to state-of-the-art orbital assets, to support our satellite network. This partnership shall enable us to further enhance our portfolio and drive growth of our YahClick' broadband services to consumer and enterprise markets. Yahsat supported Eutelsat in the early years of its African Broadband journey, and we are happy to be collaborating once again to ensure our existing and future customers benefit from the highest level of service and availability.

Ghassan Murat, Eutelsat's RVP of the AMEA region added: We are honoured to further deepen our ties with our long-standing partner, Yahsat. Yahsat's strong presence in Africa and the Middle East through the successful deployment of its YahClick satellite broadband service, together with the uptake we are seeing as we progressively transfer EUTELSAT KONNECT capacity to Africa highlight the buoyant demand for robust broadband services in the market, and the pertinence of satellite in connecting users, even in the most remote locations.

Topics

Telecom

Radio, TV

Electronic business, communication

Innovations, inventions

Network products

Telecommunication, mobile telephony

About Eutelsat Group

Eutelsat Group is a global leader in satellite communications, delivering connectivity and broadcast services worldwide. The Group was formed through the combination of the Company and OneWeb in 2023, becoming the first fully integrated GEO-LEO satellite operator with a fleet of 36 Geostationary satellites and a Low Earth Orbit (LEO) constellation of more than 600 satellites. The Group addresses the needs of customers in four key verticals of Video, where it distributes more than 6,500 television channels, and the high-growth connectivity markets of Mobile Connectivity, Fixed Connectivity, and Government Services. Eutelsat Group's unique suite of in-orbit assets and ground infrastructure enables it to deliver integrated solutions to meet the needs of global customers. The Company is headquartered in Paris and the Eutelsat Group employs more than 1,700 people across more than 50 countries. The Group is committed to delivering safe, resilient, and environmentally sustainable connectivity to help bridge the digital divide. The Company is listed on the Euronext Paris Stock Exchange (ticker: ETL) and the London Stock Exchange (ticker: ETL)

Find out more at www.eutelsat.com

Media enquiries

Joanna Darlington

Tel. 33 674 521 531

jdarlington@eutelsat.com

Anita Baltagi

Tel. 33 643 930 178

abaltagi@eutelsat.com

Katie Dowd

Tel. 1 202 271 2209

kdowd@oneweb.net

Investors

Joanna Darlington

Tel. 33 674 521 531

jdarlington@eutelsat.com

Hugo Laurens Berge

Tel. 33 670 80 95 58

hlaurensberge@eutelsat.com

DISCLAIMER

The forward-looking statements included herein are for illustrative purposes only and are based on management's views and assumptions as of the date of this document. Such forward-looking statements involve known and unknown risks. For illustrative purposes only, such risks include but are not limited to: risks related to the health crisis; operational risks related to satellite failures or impaired satellite performance, or failure to roll out the deployment plan as planned and within the expected timeframe; risks related to the trend in the satellite telecommunications market resulting from increased competition or technological changes affecting the market; risks related to the international dimension of the Groups customers and activities; risks related to the adoption of international rules on frequency coordination and financial risks related, inter alia, to the financial guarantee granted to the Intergovernmental Organizations closed pension fund, and foreign exchange risk. Eutelsat Communications expressly disclaims any obligation or undertaking to update or revise any projections, forecasts or estimates contained in this document to reflect any change in events, conditions, assumptions, or circumstances on which any such stateme
LINK: https://eutelsat-com.mynewsdesk.com/pressreleases/yahsat-partners-with...
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