PHOTO
The subsidiary of Al Yah Satellite Communications (Yahsat), YahClick, has signed a $15 million deal with Sudan’s Canar Telecommunications to further boost presence in Africa.
The six-year strategic partnership agreement will make Canar Telecommunications one of YahClick’s largest service providers across the region, Yahsat, the satellite company of Abu Dhabi sovereign investor Mubadala, said in a disclosure on the Abu Dhabi Securities Exchange (ADX) on Monday.
“[The deal] will enable us to support communities across Sudan with improved communications and other services even in the remotest areas of the country,” said Ali Al Hashemi, Yahsat Group CEO.
“The strategic partnership with an established telecoms operator in the country will allow YahClick to support other communities across the Middle East and Africa.”
The new deal will also enable Canar to help deliver on the Sudanese government’s aim to accelerate the country’s digital transformation, added Abdalla Saeed, Canar CEO.
Based out of Abu Dhabi, Yahsat currently has a fleet of five satellites, which reach more than 80% of the world’s population, according to the company.
(Writing by Cleofe Maceda; editing by Seban Scaria)
