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Arabsat has signed a major multi-transponder, multi-year agreement on ABS-3A, which recently launched to the 3 degrees West orbital slot.
ABS-3A will be used by Arabsat to boost its Ku-band coverage for “data, enterprise, banking and government” clients.
“We are very pleased to be collaborating again with Arabsat as a reliable valued partner in supporting their business growth in the MENA region. This new contract reiterates Arabsat’s confidence in ABS to support their business plan for this expanding market. We look forward to continually strengthening our relationship with Arabsat in the future,” said Tom Choi, CEO of Bermuda-HQ’d ABS.
ABS operates a fleet of satellites; ABS-2, ABS-3A, ABS-4/Mobisat-1, ABS-6, ABS-7. Two new satellites: ABS-2A and ABS-8 are planned to launch in early 2016 and 2017/2018 respectively. ABS plans to add more satellites in the next 2-3 years to its growing fleet. ABS is backed by private equity fund Permira.