Advanced Television

yahsat

Yahsat wins UAE contract

Abu Dhabi-based Al Yah Satellite Communications (Yahsat) has announced that its dedicated government arm, Yahsat Government Solutions (YGS), has been successfully awarded a contract by the UAE Government, to provide satcom capabilities for its platforms. Ali Al Hashemi, Group CEO/Yahsat, said: “This contract award serves as a testament to Yahsat’s position as the preferred partner […]

May 1, 2022By Chris Forrester

Yahsat revenues up 8%

Abu Dhabi-based Yahsat reported revenues of $407.6 million (€364.7m) for its full year’s trading (to December 31st 2021), up 7.9 per cent on the previous year. The satellite operator also enjoyed its highest-ever Net income (profit attributable to shareholders) of $69.8 million. It contracted backlog has grown 35 per cent over the year to $2 […]

March 1, 2022By Chris Forrester

Yahsat wins €220m UAE contract

Abu Dhabi-based satellite operator Yahsat has been awarded an AED 909.5 million (€217.7m) mandate to provide enhanced managed services to the UAE Government for its satellite communications capabilities. The agreement augments the previous operations and maintenance services provided, to include technology management support, from January 2022 until the end of 2026. This new agreement strengthens […]

February 17, 2022By Chris Forrester

Intersputnik joins the GSOA

The Intersputnik International Organization of Space Communications has gained full membership of the Global Satellite Operators Association (GSOA), a platform to promote satellite communication services and the common interests of satellite operators. The Association, formerly known as ESOA (EMEA Satellite Operators Association) used to focus on Europe, the Middle East and Africa. However, January 2022 […]

February 15, 2022

Yahsat wins shipping sat-coms order

Abu Dhabi-based satellite operator Yahsat has won a contract from the local Abu Dhabi Ship Building (ADSB) to provide advanced and secure satellite communication services. The contract is worth AED 24 million (€5.7 million). Yahsat says it will design, deliver and integrate the satellite communication systems in vessels produced by ADSB. Yahsat will work closely […]

February 3, 2022By Chris Forrester

YahSat gains FTSE stock market index

Abu Dhabi-based Al Yah Satellite Communications (YahSat) will shortly be included on a variety of FTSE indexes in addition to its core Abu Dhabi investor listing. On December 20th the satellite operator will be included in the FTSE UAE Small Cap index, as well as the FTSE Global All Cap Index, FTSE Middle East & […]

November 23, 2021By Chris Forrester

YahSat Q3 profits down 38%

Abu Dhabi-based Al Yah Satellite (YahSat) reported Q3 profits of $13.2 million (€11.3m), a 37.8 per cent fall on the same period last year. The fall is doubly disappointing for investors considering YahSat mounted its IPO and listing on the Abu Dhabi bourse in July. YahSat’s profits for the 9-month period fell to $43.3 million […]

November 9, 2021By Chris Forrester

YahsSat expands broadband to iSat

Abu Dhabi-based YahSat’s broadband service YahClick has expanded its service to Pan-African coverage through a partnership with iSat Africa. The agreement extends YahClick’s service to Nigeria, Zambia, the Congo and East Africa. Data and research suggests that revenues from fixed satellite data services in Africa are expected to grow at an average rate of 15.8 […]

November 1, 2021By Chris Forrester

Yahsat wins €75m extra contracts

Abu Dhabi-based Yahsat (Al Yah Satellite) says it has won an additional AED316 million (€74.4m) for its Thuraya subsidiary. Yahsat says: “The agreements strengthen the Group’s robust and growing dividend capacity and add to the Group’s contracted backlog of over AED7 billion, equivalent to over five times the annual revenues of 2020. With stable and […]

October 12, 2021By Chris Forrester

YahSat to adopt twice-yearly dividend payments

Abu Dhabi-based Yahsat (Al Yah Satellite) will likely adopt a dividend pay-out proposal which will result in dividends being paid twice-yearly. The proposal has been adopted by the company’s directors and will be placed before shareholders at an upcoming AGM. Yahsat, in its statement, said: “Al Yah Satellite Communications Co (Yahsat) listed on the Abu […]

October 11, 2021