|[May 30, 2016]
STC Expands Relationship with Intelsat to Drive Broadband Growth in Saudi Arabia
Intelsat (News - Alert) S.A. (NYSE: I), operator of the world's first Globalized
Network, powered by its leading satellite backbone, announced that Saudi
Telecommunication Company (STC), a provider of integrated mobile, fixed
and broadband communications services, has expanded its relationship
with Intelsat and entered into a new contract for satellite services on
Intelsat 15 located at 85.15° East.
The additional connectivity from Intelsat 15 will enable STC, the
largest telecom operator in Saudi Arabia, to grow VSAT services for
corporate networks in the banking, government, and oil & gas sectors
operating in the Kingdom of Saudi Arabia.
"As the largest telecommunications company in Saudi Arabia, STC knows
the importance of keeping our corporate customers connected with the
latest and most reliable communications technologies," said Walid Al
Wabel, General Manager, Operations Management, STC. "Throughout our
long-term relationship, Intelsat has demonstrated they understand our
needs and allow us to advance our business with growth capacity that
seamlessly integrates with our expansive network. Together, this has
enabled STC's customers to upgrade and expand the reach of their
networks in response to growing end user demand throughout Saudi Arabia."
This latest agreement further expands Intelsat's long-standing
relationship with STC. Currently, STC uses four additional satellites
from Intelsat's Globalized Network to ensure that corporate customers
have access to high quality and reliable connectivity at all times.
"We value our customer relationships and are committed to introducing
new and innovative satellite technology to help our customers solve
their communications challenges," said Shahrokh Amiri, Intelsat's
Director of Sales, Middle East and North Africa. "Our solutions will
enable STC to meet current broadband demands, provide the scale
necessary to expand its subscriber base ad ultimately, drive growth for
its business. We will continue to work closely with STC to ensure that
more customers throughout Saudi Arabia have access to the most reliable
and high quality broadband connectivity available in the marketplace."
Intelsat S.A. (NYSE: I) operates the world's first Globalized Network,
delivering high-quality, cost-effective video and broadband services
anywhere in the world. Intelsat's Globalized Network combines the
world's largest satellite backbone with terrestrial infrastructure,
managed services and an open, interoperable architecture to enable
customers to drive revenue and reach through a new generation of network
services. Thousands of organizations serving billions of people
worldwide rely on Intelsat to provide ubiquitous broadband connectivity,
multi-format video broadcasting, secure satellite communications and
seamless mobility services. The end result is an entirely new world, one
that allows us to envision the impossible, connect without boundaries
and transform the ways in which we live. For more information, visit www.intelsat.com.
About Saudi Telecom (News - Alert) Co.
With their headquarters in Riyadh, Saudi Telecom Group is the largest in
the Middle East and North Africa based on its market value as it
generated over 50,836,000,000 billion riyals (13,556,000,000 dollars) in
realizable revenue in 2015 and 9,334,000,000 billion riyals
(2,489,000,000 dollars) as net income. STC was established in 1998 and
currently counts about 100,000,000 customers worldwide and to which they
provide high-technology knowledge-based innovative solutions. It focuses
on providing services to customers through a fiber-optic network that
spans 137,000 kilometers across Asia, the Middle East and Europe.
In Saudi Arabia (the group's main operation site) STC operates the
largest modern mobile network in the Middle East as it covers more than
99% of the country's populated areas in addition to providing 4G mobile
broadband to more than 85% of the population across the Kingdom of Saudi
Arabia. Besides its main operation in Saudi Arabia, which it owns 100%
of, STC's investments include 100% ownership in Viva Bahrain, 51.8%
shares in Viva Kuwait along with a management contract, 35% shares in
Oger Telecom Limited in UAE and which controls Turk Telecom, Avea in
Turkey, Cell-C in South Africa, 25% shares in Binariang GSM Holding in
Malaysia which controls both Maxis in Malaysia and Aircel (News - Alert) in India. In
addition to the above-mentioned, STC has investments in information
technology, content, distribution, contact centers and real estate, all
of which support its telecom operations across the Middle East.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160530005008/en/
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