UAE’s Atlas Telecom subsidiary to switch focus in light of increasing competition
Sky Stream, the satellite operating subsidiary of the UAE’s Atlas Telecom, is switching its focus to the military, energy industry and marine services, because of increasing competition to provide satellite connectivity to the corporate sector.
“More satellites are being launched, which will create more competition in the market. The main concern is there is no value left, the market is uncertain and there are increasing challenges,” says Sky-Stream general manager, Riyadh al-Adely.
The company hopes to get about 50 per cent of its revenue from providing telecoms services to the military in the region and already has contracts with military forces in Iraq, Afghanistan and parts of Africa. Sky-Stream was a satellite hub operator, selling managed services to the corporate market. The company will now focus on providing connectivity solutions to the military, energy and marine sectors, including internet services and voice over internet protocol (VoIP). The military sector is expected to make up 50 per cent of revenues where the company is delivering services to Iraq, Afghanistan and parts of Africa. Energy and oil will account for 30 per cent of revenues and 20 per cent for marine.
“The new business strategy will expand Sky Stream’s capacity from a satellite hub operator to one-stop-shop solution provider, our goal is to reinforce the company’s role across the region,” says Al-Adely.
Sky-Stream was established in 2004. It is due to open offices in Yemen and Basra. It was named as an official distributer of Yahsat’s broadband service, Yahclick, in the UAE in February 2011.
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