Yahsat
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Thuraya, the mobile satellite operation of Abu Dhabi-based Yahsat, is investing in Astrocast, a Swiss specialist in satellite-based internet-of-things (IoT) services.
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Satellite telecom operator YahClick is teaming up with an off-grid power company to expand its services in Africa.
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Ericsson has turned to Al Yah Satellite (Yahsat) to secure private network, data and internet connectivity services for its Industry 4.0 use cases in oil and gas, mining and ports.
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Yahsat, which began trading on the Abu Dhabi Stock Exchange (ADX) today, is planning to launch a new satellite in 2023.
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Yahsat is likely to price its IPO at AED 2.55 to AED 3.05 per share (US$0.69 to $0.83), raising up to US$810 million.
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Al Yah Satellite has confirmed that it is to go public in the third quarter of this year, with a listing on the Abu Dhabi stock exchange.
Forthcoming events
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Bank of America and Morgan Stanley have been hired as advisors for the potential initial public offering (IPO) of Al Yah Satellite Communications Company (Yahsat).
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Abu Dhabi-based Al Yah Satellite Communications Company (Yahsat), has announced the appointment of three new members to its board of directors as well as new CEO.
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Abu Dhabi-based Al Yah Satellite Communications Company (Yahsat), has welcomed a new CFO, following the retirement of Balakrishnan Doraisamy after almost 12 years with the company.
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Satellite communications operator Al Yah Satellite Communications Company (Yahsat) has appointed four new Emirati executives to its company.
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Satellite communications operator Yahsat has completed a deal to acquire a majority and controlling stake in rival satcomms firm Thuraya.