Advanced Television

yahsat

Yahsat mulling 2 new satellites

The UAE government has instructed Abu Dhabi-based Yahsat to study market demand and to assess the need for two new satellites which could launch in 2026. The UAE, via Al Yah (Yahsat) already operates Al Yah 1 and Al Yah 2 and the potential of two new craft Al Yah 4 and Al Yah 5. […]

October 7, 2021By Chris Forrester

YahSat supplies broadband to Universal Satcom

YahSat and its YahClick satellite broadband service is working with Hughes Network Systems to provide capacity to Dubai-based Universal Satcom Group. Universal will use the spectrum to provide high-speed services to clients and enterprises within the Middle East and African markets. It will also provide the underserved and unserved communities across the regions with high-quality […]

October 6, 2021By Chris Forrester

Yahsat selects SpaceX for Thuraya launch

Abu Dhabi-based Yahsat used the Satellite 2021 show in Washington DC to announce that they have selected SpaceX to launch its upcoming mobile connectivity and broadband Thuraya 4-NGS satellite. The satellite will be launched on a SpaceX Falcon 9 rocket in the second half of 2023. The craft is being built by Airbus. Yahsat says […]

September 10, 2021By Chris Forrester

Thuraya orders new satellite from Airbus

Airbus has won a contract from Al Yah Satellite Communications (Yahsat) to build its Thuraya 4-NGS. Airbus also has an option to build Thuraya’s ‘5-NGS’ craft. The satellite is described as being able to deliver higher capabilities and flexibility while increasing capacity and coverage across Europe, Africa, Central Asia and the Middle East, enabling next […]

September 3, 2021By Chris Forrester

Yahsat ups revenues 28%

Abu Dhabi-based satellite operator Al Yah Satellite, which trades as Yahsat, has reported an attractive set of financial results for its H1 trading period (to June 30th). The company has just wrapped its IPO (on July 14th). YahSat says that its Net income for the first half of 2021 was in line with the prior […]

August 12, 2021By Chris Forrester

Hughes seeking more LatAm capacity

Hughes Network Systems, a subsidiary business of EchoStar, is looking for extra satellite capacity to keep up with demand from its growing Latin American services. Hughes’ latest numbers show that it is supplying satellite broadband to 1.54 million homes. However, US subscribers declined some 20,000 as at June 30th, while Latino subs grew 9,000 to […]

August 5, 2021By Chris Forrester

HughesNet tops 5000 municipalities in Brazil

HughesNet’s Brazil subsidiary Hughes do Brazil is celebrating its fifth birthday in Brazil and says it is now serving 5000 municipalities in Brazil with its broadband-by-satellite service. The operator says that for approximately 67 per cent of these subscribers – including those in the most remote and rural parts of the country – HughesNet is […]

July 26, 2021By Chris Forrester

YahSat starts trading

Al Yah Satellite (YahSat) started trading on the Abu Dhabi stock exchange on July 14th. The company, backed by sovereign wealth fund Mubadala, confirmed that it expected its next satellite to launch in H2/2023. Ali Al Hashemi, the operator’s CEO, said: “The launch is [in] the second half of 2023 and by the second half […]

July 15, 2021By Chris Forrester

YahSat on course to raise $730m in IPO

The IPO for Al Yah Satellite Communications (YahSat) was priced at 2.75 Dirhams (€0.63) per share, in the middle of the proposed indicative range, and interest was strong. Currently owned by Abu Dhabi’s sovereign wealth fund Mubadala, the 40 per cent of the company of offer gives YahSat a market capitalisation of 6.7 billion Dirhams. […]

July 9, 2021By Chris Forrester

Yahsat targets $810m in IPO

Abu Dhabi’s Al Yah Satellite Communications (which trades as Yahsat) has set its indicative price range for its Initial Public Offering (IPO), and which shows it could raise up to 2.97 billion Dirhams (about $810 million) in what will be the first IPO on the Abu Dhabi stock exchange since 2017. The indicative range extends […]

June 28, 2021