PARIS — Fixed and mobile satellite fleet operator Yahsat said it will not make an early investment in a LEO-orbit constellation of data satellites, except a possible low-cost IoT play and a direct-to-device venture, until it is satisfied that constellations are sound businesses.
Sitting comfortably on a business with the stablest of customers — the UAE government — as well as revenue and EBITDA growth and no debt, Yahsat feels little of the pressure that other regional satellite operators contend with as the global LEO networks threaten to . . .
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