The partnership builds on Ericsson’s leadership position in telecommunications and technology for these critical industries that often operate in remote locations. Yahsat and Ericsson will further expand their private network presence in the region and provide value-added services to existing and potential customers.
Ali Al Hashemi, CEO of Yahsat Group, said, “We are delighted to partner with Ericsson to provide comprehensive integrated communications solutions to the Oil & Gas, Mining and Port industries. By leveraging our combined areas of expertise, we are confident that we will play a key role in overcoming the access and connectivity challenges facing these critical industries and building on our strong value proposition for main customer segments, regionally and internationally”.
Åsa Tamsons, Senior Vice President and Head of Line of Business Technology and New Business at Ericsson, added, “Ericsson has introduced private 5G networking solutions to fuel innovation and drive efficiency and sustainability in all sectors. Additionally, 5G enables automation, increases security, and facilitates low-carbon operations. Ericsson’s private network solution, combined with Yahsat’s satellite connectivity and services, will enable advanced IoT use cases. Predictive maintenance, the connected worker, augmented reality, sensor-based monitoring, and automated guided vehicles are some exciting examples.
Al Yah Satellite Communications Company PJSC (Yahsat) is a public company listed on the Abu Dhabi Stock Exchange (ADX) and a subsidiary of Mubadala Investment Company PJSC, providing multi-mission satellite services in more than 150 countries across the Europe, the Middle East, Africa, South America, Asia and Australasia.
Yahsat’s fleet of 5 satellites reaches over 80% of the world’s population, enabling critical communications including broadband, broadcast, transport and mobility solutions. Based in Abu Dhabi in the United Arab Emirates, Yahsat provides C-, Ku-, Ka- and L-band satellite communications solutions for land, sea and aeronautical platforms to consumers, governments and businesses. Its businesses consist of Yahsat Government Solutions, Thuraya, YahClick (powered by Hughes) and YahLink. Yahsat also participates in Hughes do Brasil, an equity partnership with Hughes, and Yahlive, an equity partnership with SES. In 2020, Yahsat started construction of Thuraya 4-NGS, the next generation telecommunications system for Thuraya, which is expected to go live in 2024.
Ericsson enables communications service providers to capture the full value of connectivity. The company’s portfolio spans the Networks, Digital Services, Managed Services and Emerging Enterprises business areas. It is designed to help our customers go digital, increase efficiency and find new sources of revenue. Ericsson’s investments in innovation have brought the benefits of mobility and mobile broadband to billions of people around the world. Ericsson shares are listed on Nasdaq Stockholm and Nasdaq New York. www.ericsson.com
Media: Ahmed Al Shamsi Assistant Vice President Communications – Yahsat [email protected] M: +971 55 9001954 Investor Relations: Layla Al Hayyas Head of Investor Relations – Yahsat [email protected] M: +971 55 9001950
Director – Finsbury Glover Hering
Ahmed Jebur Director – Finsbury Glover Hering [email protected]
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© Press Release 2021