Hughes-Yahsat JV to provide broadband connectivity to the underserved
Date: 2018-12-17   Author: Paroma Bhattacharya  Category: #news

Hughes-Yahsat JV to provide broadband connectivity to the underserved

Joint venture to provide the benefits of broadband to Middle East, Africa and Southeast Asia

Hughes Network Systems, a subsidiary of EchoStar Corporation, An American satellite communication solutions provider and Yahsat or Al Yah Satellite Communications Company, the UAE based satellite operator, a wholly owned subsidiary of Mubadala Investment Company, recently announced the commencement of a joint venture that was previously agreed upon during the World Satellite Business Week Conference in September 2018.

The joint venture has been formed to provide commercial satellite services across southwest Asia, Middle East and Africa with the new company being named YahClick, powered by Hughes.

The launching of the joint venture was celebrated in the presence of Chairman of EchoStar Charlie Ergen, Senior VP and GM International Division, Hughes Ramesh Ramaswamy, CEO and MD of Mubadala, Khaldoon Al Mubarak and CEO of Yahsat, Masood M. Sharif Mahmood through a ceremony held at Mubadala HQ in Abu Dhabi.

The joint venture is aimed at utilizing Yahsat’s position as a leading satellite broadband solutions provider in its present markets with the expertise that Hughes has gained by being a leader in broadband satellite networks and services. The new company will use the JUPITER™ System of Hughes that has been designed for High-Throughput Satellites and the Operating and Business Support System solutions of Hughes to provide high-speed Internet services to the underserved and unserved people through Al Yah 2 and Al Yah 3 Ka-band satellites of Yahsat.

President of Hughes, Pradman Kaul, will serve as a board director for the new company while Masood M. Sharif Mahmood will be serving as the chairman of the board.

Commenting on the joint venture, Mr. Mahmood has been reported to say that through the joint venture, Yahsat is building upon its digital landscape to enable communities, businesses and governments in its target region to achieve the social and economic benefits of high-performance satellite broadband services.

Mr. Kaul also commented on the JV and said that it is a step towards fulfilling Hughes commitment to bridge the digital gap and bring the benefits of connected experience to every place especially to the unserved and underserved communities.



About Author


Paroma Bhattacharya

Paroma Bhattacharya

Paroma currently works as a content developer for AlgosOnline. Fortified with a post-graduation degree in Journalism and Mass Communication, she delved head long into a writing career, creating resourceful and information enriched content in diverse fields. Apart from...

Read More

More from Paroma


Post Recommendents

Current Health raises $11.5 million in Series A funding round
Author: Pankaj Singh

Current Health, a renowned New York based universal patient management platform, reportedly announced that it has closed a $11.5 million Series A funding round which was co-led by UK based MMC Ventures.


York Tactical Energy Fund and Bayswater team-up to form a new JV
Author: Saipriya Iyer

Bayswater Resources, a renowned Colorado based oil and natural gas firm, and York Tactical Energy Fund, a private investment fund run by York Capital Management investment professionals, have reportedly signed a new ag...


FoodMaven raises $15.3 million from Series B funding round
Author: Saipriya Iyer

U.S.-based food startup, FoodMaven Corp. has a unique business model that offers imperfect and oversupplied food to foodservice providers and restaurants. Recently, the company announced securing $15.3 million from its...