Eutelsat and ATSS Renew Strategic Partnership for Premium Satellite Services Across the Middle East and North Africa (MENA)

Business Wire
02-13
  • Leveraging the EUTELSAT 8 West B satellite to assure service continuity and enhancement for multiple customers across the region
  • Confirming 7/8° West video neighborhood as the leading satellite position in MENA.

PARIS, February 13, 2025--(BUSINESS WIRE)--Regulatory News:

Eutelsat Group (ISIN: FR0010221234 - Euronext Paris / London Stock Exchange: ETL) and Saudi Arabia’s Advanced Telecommunications Solutions and Services (ATSS) have renewed their satellite capacity agreement on the EUTELSAT 8 West B satellite reinforcing the long-standing collaboration between the two companies. The contract signing took place during the LEAP event in Riyadh, Saudi Arabia.

ATSS is a leader in satellite communications in the MENA region. Under this latest agreement, it will continue to leverage the unparalleled Ku-band coverage of the EUTELSAT 8 West B satellite to deliver premium broadcast services across the Middle East and North Africa.

The deal further cements Eutelsat’s 7/8 degrees West position as the leading video hotspot in the region and ensures ATSS and its customers can continue the exclusive distribution of multiple television channels to the millions of homes across its footprint.

José Ignacio González-Núñez, RVP, MENA & Americas Sales Video Business Unit said, "Eutelsat is delighted to extend its partnership with ATSS. This renewal reflects our ongoing commitment to supporting ATSS’s growth by strengthening its capabilities in broadcasting, enabling it to further enhance its customer offer."

"This collaboration with Eutelsat Group is a pivotal step in expanding our satellite service portfolio, ensuring secure and resilient connectivity for clients across various industries," said Eng. Abdullah Alosaimi, Chief Executive Officer of ATSS. "By integrating Eutelsat’s advanced satellite capabilities, we continue to drive digital transformation and smart connectivity across the Kingdom."

+++ENDS+++

About Eutelsat Group
Eutelsat Group is a global leader in satellite communications, delivering connectivity and broadcast services worldwide. The Group was formed through the combination of the Company and OneWeb in 2023, becoming the first fully integrated GEO-LEO satellite operator with a fleet of 35 Geostationary satellites and a Low Earth a (LEO) constellation of more than 600 satellites. The Group addresses the needs of customers in four key verticals of Video, where it distributes more than 6,500 television channels, and the high-growth connectivity markets of Mobile Connectivity, Fixed Connectivity, and Government Services. Eutelsat Group’s unique suite of in-orbit assets enables it to deliver integrated solutions to meet the needs of global customers. The Company is headquartered in Paris and the Eutelsat Group employs more than 1,500 people across more than 50 countries. The Group is committed to delivering safe, resilient, and environmentally sustainable connectivity to help bridge the digital divide. The Company is listed on the Euronext Paris Stock Exchange (ticker: ETL) and the London Stock Exchange (ticker: ETL).

Find out more at www.eutelsat.com

DISCLAIMER

The forward-looking statements included herein are for illustrative purposes only and are based on management’s views and assumptions as of the date of this document. Such forward-looking statements involve known and unknown risks. For illustrative purposes only, such risks include but are not limited to: risks related to the health crisis; operational risks related to satellite failures or impaired satellite performance, or failure to roll out the deployment plan as planned and within the expected timeframe; risks related to the trend in the satellite telecommunications market resulting from increased competition or technological changes affecting the market; risks related to the international dimension of the Group's customers and activities; risks related to the adoption of international rules on frequency coordination and financial risks related, inter alia, to the financial guarantee granted to the Intergovernmental Organization's closed pension fund, and foreign exchange risk. Eutelsat Communications expressly disclaims any obligation or undertaking to update or revise any projections, forecasts or estimates contained in this document to reflect any change in events, conditions, assumptions, or circumstances on which any such statements are based, unless so required by applicable law. The information contained in this document is not based on historical fact and should not be construed as a guarantee that the facts or data mentioned will occur. This information is based on data, assumptions and estimates that the Group considers as reasonable.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250213185972/en/

Contacts

Media enquiries
Joanna Darlington
Tel. +33 674 521 531
jdarlington@eutelsat.com
Anita Baltagi
Tel. +33 643 930 178
abaltagi@eutelsat.com
Katie Dowd
Tel. +1 202 271 2209
kdowd@oneweb.net








Investors
Joanna Darlington
Tel. +33 674 521 531
jdarlington@eutelsat.com
Hugo Laurens-Berge
Tel. +33 670 80 95 58
hlaurensberge@eutelsat.com





免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10