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.
59 NOVEMBER 2019