Paris, France Sep 14, 2015 – Fibersat S.A. today announced that it has signed a framework agreement with Arabsat for the acquisition of a HTS hosted payload in Ka Band on the upcoming Arabsat satellites with extensive coverage over African Markets. Fibersat is expected to commence operation in 2018.

The acquisition of this hosted payload is a major step forward for the new satellite operator. Fibersat has already signed up significant pre-launch orders with key telecommunication operators providing network services in the Africa region. At launch, Fibersat will be able to provide affordable internet access services to remote locations across the continent using low cost commercially available VSAT terminals.

“Fibersat has now taken the first step in realising the dream of ultra low cost broadband in Africa”, said Christof Kern, CEO of Fibersat. “By combining the benefits of a power-optimised HTS design and leveraging a hybrid satellite architecture, Fibersat will be able to offer customers unprecedented price levels for satellite services which is key in price-sensitive markets like Africa. This is the only way to meet the exploding demand for Internet in Africa,the fastest growing market in the world.”

“This cooperation with Fibersat will position Arabsat as a major service provider to the growing markets of sub Saharan Africa, with a portfolio of broadband and telecom services. By employing an innovative payload design in Ka band Arabsat will have blanket coverage over the MEA region” said Khalid Balkheyour, CEO of Arabsat. “We look forward to Fibersat and Arabsat alliance to lead the African market for Ka band HTS bandwidth leveraging their significant pre-launch orders and look forward to their success in the African market”

About Fibersat

Fibersat is a new satellite operator with its HTS payload, Fibersat-1 planned for launch in 2018. Fibersat-1 will provide video, data and telecommunications services to mobile network operators, carriers, governments, ISPs and enterprises in the Africa. Fibersat’s optimised payload design will allow for satellite services to be delivered at the cost of fiber throughout Africa.

For more information, please contact info@fibersat.com or visit www.fibersat.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, 160 radio stations, 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°E.

Operating a growing fleet of owned satellites at the 20°E, 26°E, 30.5°E , 34°E, 39°E positions, 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 ARABSAT satellites’ fleet the youngest in the region.

For more information, please contact Mr.Saad AlTahaif – Director, PR & Media – Saadt@Arabsat.com or visit www.Arabsat.com