July 15, 2014

ABS AND ARABSAT SIGN AN AGREEMENT ON ABS-3A AT 3°WEST

ABS and Arab Satellite Communication Organization (ARABSAT) announced today that they have signed a strategic commercial agreement for a multi-transponder lifetime Ku-band payload on the new ABS-3A satellite planned for launch in late 2014/ early2015. This Ku-band payload deal will provide ARABSAT with additional growth opportunities to serve their customers over the Middle East and North Africa regions.

The ABS-3A satellite will be one of the world’s first all-electric propulsion satellites (a Boeing 702SP platform satellite) with nearly 8 kilowatts of EOL payload power and up to a total of 48 C and Ku-band transponders. It will be located at 3° West and will offer expanded capacity connecting the Americas, Europe, the Middle East and Africa regions. Its wide C and Ku-band coverage will serve both sides of the Atlantic for trans-Atlantic as well as regional connectivity and services.

Khalid Balkheyour, President and CEO of ARABSAT said “We are very pleased with this payload agreement with ABS, and we hope it is the beginning of a long term successful partnership.” “ARABSAT has put in the market a Request for Proposals for 4 new satellites at different orbital locations, and yet, we continue to see rapid increase in customers’ demand on telecommunication and broadcasting services across the region, this agreement leverages ARABSAT capabilities to harness more growth opportunities over the coming three years,” Balkhyour added.

“ABS is very excited to collaborate with ARABSAT on this strategic transaction. The MENA beam of ABS-3A is the first time ABS has been able to provide a complete coverage of all of Middle East and North Africa. We are proud to announce ARABSAT as our strategic partner on this capacity which will serve the growing needs of their MENA customer base,” said Tom Choi, CEO of ABS.

About ABS:

ABS is a young, dynamic and fast growing global satellite operator. ABS offers a complete range of tailored solutions including broadcasting, data and telecommunication services to broadcasters, service providers, enterprises and government organizations.

ABS operates a fleet of six satellites; ABS-1A, ABS-3, ABS-4/Mobisat-1, ABS-6, ABS-7 and the recently launched ABS-2. The satellite fleet covers 80% of the world’s population across Africa, Asia Pacific, Europe, the Middle East, CIS and Russia.

ABS has also procured two Boeing 702SP satellites (ABS-3A & ABS-2A) planned for launch in late 2014 and 2015 with the options to add more satellites over the next 2-3 years to its growing satellite fleet.

Headquartered in Bermuda, ABS has offices in the United States, Dubai, South Africa, Germany, Philippines, Indonesia, Malaysia, Singapore and Hong Kong. ABS is majority owned by funds managed by the European Private Equity firm Permira. The Permira funds acquired ABS in 2010.

For more information, visit www.absatellite.com

About ARABSAT:

Founded in 1976, Arabsat has been serving the growing needs of the Arab world for over 30 years. Now one of the world’s top satellite operators and by far the leading satellite services provider in the Arab world, it carries over 500 TV channels, 200 radio stations, 2 Pay-TV networks and wide variety of HD channels reaching tens of millions of homes in more than 80 countries across the Middle East, Africa and Europe—including an audience of over 170 million viewers in the Middle East and North Africa (MENA) region alone tuned into Arabsat’s video “hotspot” at 26° East.

Operating a growing fleet of owned satellites at the 20° East, 26° East, 30.5° East, 39° East and 44.5° East positions of the geostationary orbit, ARABSAT is the only satellite operator in the MENA region offering the full spectrum of Broadcast, Telecommunications and Broadband services. This capacity will continue to expand with the launching of new satellites, making the ARABSAT satellites’ fleet the youngest in the region.

For further information please contact Saad Al Tehaif saadt@arabsat.com or visit our website www.arabsat.com

For more information, please visit www.arabsat.com

About Arabsat:

Arabsat was founded in 1976 by the then 21 members of the League of Arab States and has been working to meet the needs of the Arab world for more than 46 years, from its headquarters in Riyadh, Saudi Arabia, and two satellite control ground stations in Riyadh and Tunisia.

Arabsat is one of the leading satellite operators in the world. Also it is the leading satellite service provider in the Arab world, as it carries more than 650 television channels, 245 radio stations, paid TV networks, and a wide range of HD channels. It reaches tens of millions of homes in more than 100 countries in the Middle East, Africa, Europe, and Central Asia. It is followed by more than 300 million viewers. Arabsat operates a fleet of state-of-the-art technology at 20 East, 26 East, 30.5 East, and 39 East in a fixed orbit around the Earth. Arabsat is also the only operator in the Middle East and North Africa region that provides a full spectrum of radio, television, telecommunications, and broadband services.

Arabsat operates a fleet of state-of-the-art technology at 20 East, 26 East, 30.5 East, and 39 East in a fixed orbit around the Earth. Arabsat is also the only operator in the Middle East and North Africa region that provides a full spectrum of radio, television, telecommunications, and broadband services.

In addition to that Arabsat maintains a strategic partnership with most of the world’s leading satellite and value-added companies, with Arabsat acquiring Hella Sat, which is one of the leading satellite communications groups in Southeast Europe. These partnerships and acquisitions give Arabsat access to new orbital location rights and frequencies, and wider coverage allowing customers to offer content and technical solutions to viewers or partners around the world.

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