UAE issues third telecom licence

The UAE has given a third telecom company a licence to operate in the country, Emirates Business has reported. Al Yah Satellite Communications Company (Yahsat), a wholly-owned subsidiary of the Mubadala Development Company, has been granted a 10-year licence to provide satellite services by the UAE's Telecommunications Regulatory Authority, which will allow it to install, operate and manage a public telecommunications network and provide satellite telecom services. The company plans to offer a range of voice, data, video and internet connectivity solutions.