The Service of the Commission for the Protection of Competition announces that it has received a notification of a concentration from Al Yah Satellite Communications PrJSC and Hughes Network Systems LLC concerning the creation of a joint venture company.
Al Yah Satellite Communications PrJSC is a private joint stock company duly registered under the laws of the United Arab Emirates. The said company is active in the provision of satellite communication services as well as in the provision of multipurpose satellite solutions in the sector of broadband broadcast, defense and communications.
Hughes Network Systems LLC is a limited liability company, duly registered under the laws of the state of Delaware, United States of America. The said company is active in the provision of broadband satellite technologies and broadband services.
The joint venture company that will be formed up will be named Broadband Connectivity Solutions (Restricted) Limited and it will be active in the provision of fixed satellite services.