Register | Forgot password?
Switch to Arabic
Monday, November 23 - 2009

Yahsat signs Dhs400m deal with Emerging Markets Communications, Inc.

  • United Arab Emirates: Sunday, March 09 - 2008 at 17:00
  • PRESS RELEASE

Al Yah Satellite Communications Company PrJsc (Yahsat), the UAE's first nationally-owned satellite communications company, signed a contract worth approximately Dhs400m contract with Emerging Markets Communications, Inc.

Article continues below
 
(EMC), operator of one of the largest teleports facilities in the world. Under the terms of the contract EMC will lease transponders on Yahsat's powerful C Band on a long-term basis to ultimately serve high profile government, commercial and non-profit organizations including the United Nations.

The announcement comes shortly after Yahsat made its first public appearance this week and confirms market confidence in Yahsat's capabilities to provide advanced satellite solutions in the region.

"Strategic partnership is among the most important business principles for Mubadala investments, and it reflects on Yahsat's strategy to have successful relationships with its partners and clients. Our participation in CABSAT for the first time has certainly been the perfect platform to kick off our strategic partnerships with potential clients, one of which has just been signed now, and lot more being studied to be finalized soon,"


commented Mr. Waleed Ahmed Al Mokarrab Al Muhairi, Chairman, Yahsat during the official signing ceremony.

EMC specializes in meeting the diverse communications needs of its customers, which include international NGOs and Fortune 500 companies. The company's satellite services are extensively deployed by International rescue operations and humanitarian activities.

EMC and Yahsat's focus on emerging markets and the commitment of both organizations to provide the best of value added telecommunication services to our respective customers make this partnership a tremendous win not only to our customers but also for our industry. Both Yahsat and EMC maintain a constant flow of investment and innovation to provide customers with the right options of services in the region as well as other emerging markets. I am extremely pleased with this relationship and the value that Yahsat adds to EMC and to EMC's valuable customers," said EMC President Mr. Abel Avellan.

Incorporated in January 2007 and supported by a $1.7 billion investment from parent company Mubadala Development Company (Mubadala), the strategic investment and development vehicle for the Abu Dhabi Government, Yahsat will develop, procure, own and operate hybrid satellite systems based on market requirements and future applications.
Also consider reading:
Log in to request more information from Yahsat

Notes and media contacts

About Al Yah Satellite Communications Company (Yahsat)
Yahsat is the UAE's first nationally-owned satellite communications company providing hybrid satellite communications services to commercial and governmental clients in the Middle East, Africa, Europe and South-West Asia.

With a wide portfolio of voice, data, video and internet connectivity solutions, Yahsat satellites are designed based on market requirements and future applications.
Yahsat is partnering with the consortium of EADS Astrium, Thales and Alenia Space to build a hybrid satellite communications system. The first satellite Yahsat 1A is currently being built and will be launched in 2010, six months later Yahsat 1B will follow.

The company is owned by Mubadala Development Company, an investment firm that is helping to diversify Abu Dhabi's economy through capital intensive investments and by building businesses.
Mubadala establishes new companies and acquires strategic holdings in existing companies, either in the UAE or abroad. In partnership with world class investors, the company actively manage investments in strategic sectors including energy, real estate, healthcare, aerospace and services. These investments diversify and further develop the growing economy of Abu Dhabi, while achieving superior returns on its investments.

About Emerging Markets Communications, Inc. (EMC):

Emerging Markets Communications, Inc. (EMC) is a leading provider of global satellite communications. Utilizing a state of the art, fully managed network, EMC offers end-to-end satellite private networks services and teleport services in more than 140 countries. A United States-based company with headquarters in Florida, EMC is powered by its network of strategically located, wholly-owned support centers (in Argentina, Germany, Kazakhstan, Kenya, Russia, Senegal, Thailand, the United Arab Emirates, the United Kingdom and the United States). In addition, EMC operates two wholly-owned teleport facilities, which are equipped with 11 to 32 meter C, Ku, L and X-band antennas, as well as 120,000 square feet of highly secure disaster recovery and business continuity infrastructure. The Quality Management System of Emerging Markets Communications is ISO 9001-2000 certified. For more information on EMC, please visit our website: www.emc-corp.net.

For more information, please contact:

Preeta Iyer
TBWA\RAAD\PR
Tel: +9714 425 8975

Salma Al Mansouri
PR & Communications Manager
Tel: +9712 406 11 11 Ext 115
Fax: +9712 406 11 00

Disclaimer:

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions