Page 59 - SAMENA Trends - November-December 2019
P. 59

REGIONAL & MEMBERS UPDATES  SAMENA TRENDS

        advantages  of  connectivity.”  Masood  M.  Sharif  Mahmood,
        Yahsat’s  Chief  Executive  Officer,  added:  “The  start  of  this  joint
        venture with Hughes will enable people across Brazil to realize
        economic  and  social  benefits  from  both  Hughes  and  Yahsat’s
        high-performance satellite broadband services. We look forward
        to working together with Hughes to deliver superior connectivity
        solutions to all customer segments by leveraging the power of our
        combined missions, and look forward to growing this business
        together in the future.” The agreement to form the joint venture was
        announced in May 2019, during the SATELLITE 2019 conference
        held in Washington, D.C., and was subject to regulatory and other
        approvals  which  have  now  been  obtained.  Resulting  ownership
        of Hughes do Brasil is now 80% by Hughes and 20% by Yahsat.
        In addition to delivering services over the Hughes 65 West and
        Hughes 63 West satellites, Hughes do Brasil now offers services
        over Yahsat’s Al Yah 3 Ka-band satellite. The company will deploy
        additional JUPITER™ System ground network technology – the de
        facto industry standard – to deliver high efficiency services over
        the Yahsat satellite across the country, optimizing performance
        and  throughput.  Services  offered  by  Hughes  do  Brasil  include   affordable, pay-per-use Internet access to rural towns; and cellular
        HughesNet®,  the  number-one  choice  for  high-speed  satellite   backhaul  solutions  to  help  mobile  network  operators  (MNOs)
        Internet for consumers and small- to medium-sized businesses;   extend connectivity to people and communities throughout Brazil
        managed network services for enterprises, including all types of   either unserved or underserved by terrestrial access.
        transport  technologies;  Community  Wi-Fi  Hotspots  that  bring

        Yahsat Appoints Khaled Al Qubaisi as New Chairman


        Al Yah Satellite Communications Company (Yahsat) has announced
        the  appointment  of  Khaled  Al  Qubaisi,  CEO  of  Aerospace,
        Renewables & ICT at Mubadala Investment Company (Mubadala)
        as its new Chairman, and the appointment of Amal Al Ameri, Senior
        Vice President of Platform Finance in the Aerospace, Renewables
        & ICT Unit in Mubadala as a board member. Remarking on his new
        assignment, Khaled Al Qubaisi said: “I’m pleased to lead Yahsat’s
        next phase of growth in the space and telecommunications sector.
        We are committed to realizing Yahsat’s vision of providing satellite
        connectivity  to  consumers,  government  and  commercial  clients
        globally,  to  contribute  in  the  social  and  economic  growth  of  our
        markets,  in  addition  to  achieving  our  commitments  towards  our
        clients  all  over  the  world.  This  is  an  exciting  time  for  us  at  the
        forefront of the 4th Industrial Revolution as we create revolutionary
        technologies and solutions disrupting our industry.” Through his
        role in Mubadala, Al Qubaisi oversees the company’s aerospace,
        information communications technology, renewables and utilities
        portfolio, he is also a member of Mubadala’s Investment committee.
        He brings a wealth of strategic and management experience having
        held multiple Board and C-suite roles. Al Ameri also joins the Board,
        bringing extensive financial and operational expertise having served
        in several senior financial roles and multiple Boards at Mubadala
        and its wholly owned subsidiaries, respectively.












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