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Abu Dhabi-listed Yahsat subsidiary YahClick is to expand in Africa, following the signing of a new partnership with iSat Africa Ltd, and will provide high-seed broadband to remote sites, including mines.
The data solutions subsidiary will expand in Nigeria, Zambia, the Democratic Republic of Congo (DRC) and East Africa, to deliver connectivity solutions for Mobile Cellular Backhaul (CBH) services, business applications, supervisory control and data acquisition (SCADA) systems.
The services will be provided through YahClick’s high-throughput satellite Ka-band capacity, the company said in a statement to Abu Dhabi Securities Exchange (ADX).
Farhad Khan, CEO of YahClick, said: “This partnership with iSAT Africa is another step in our plans for further growth and expansion across Africa.
“With our existing strong presence in these countries, our partnership with iSAT Africa will enhance our reach into the unserved and underserved markets.
“We look forward to enabling greater connectivity for people and businesses across Africa during the upcoming months.”
The company said revenues from fixed satellite data services in Africa are expected to grow at an average rate of 15.8 percent per year between 2020 and 2029.
Rakesh Kukreja, managing director of iSAT Africa said: “The new partnership with YahClick will bring a significant improvement in services to our customers in these markets with business operations in remote areas.
He added: “Whilst embracing the new norm post COVID era, our connectivity solutions will allow for inter-branch office connectivity and communications, data gathering, redundancy and disaster recovery solutions for our customers in Nigeria, the DRC, East Africa and Zambia.
“The referenced solutions and other vital tasks will now become easier, effective and reliable thanks to this partnership.”
Yahsat announced earlier this month that it was adding two new satellites to its fleet.
(Writing by Imogen Lillywhite; editing by Seban Scaria)
Imogen.lillywhite@refinitiv.com
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