Yahsat: UAE considers 2 new satellites; consumer broadband subs, revenue up, business to be profitable by 2022

by Peter B. de Selding

PARIS — Fixed and mobile satellite services provider Yahsat said is consumer broadband business in the Middle East, West Africa and Brazil, managed through joint ventures with Hughes Network Systems, grew its subscriber base by 16% in the first nine months of 2021, with revenue increasing 24%.

The business is expected to become profitable in 2022, the company said.

Abu Dhabi-based Yahsat said is Thuraya mobile satellite services business, acquired in mid-2018, reported a 9.4% decline in revenue for the nine . . .

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