Abu Dhabi - Mubasher: Thuraya Telecommunications Company, a subsidiary of Al Yah Satellite Communications Company (Yahsat), has signed a long-term agreement with Cobham SATCOM (Cobham) to distribute next-generation broadband products.

For a minimum term of five years, Cobham will be appointed as the main distributor for Thuraya Next Generation Broadband Products (NGBP) among land, aeronautical, and maritime users, according to a press release on Monday.

Thuraya 4-NGS is expected to be launched in the second half (H2) of 2023.

The agreement is forecast to generate over $80 million of potential service revenue to Thuraya.

The Group CEO at Yahsat, Ali Al Hashemi, said: "This partnership enables us to leverage the unique capabilities and expertise of Cobham thereby augmenting the shared value we can deliver together to distribution partners and to end customers."

Meanwhile, the CEO at Cobham, Leif Ottosson, commented: "Not only are we trusted to provide Thuraya with the innovative technology that thousands of customers are relying on every day, but we are also trusted to ensure the commercial success of the partnership through our extensive distribution network of service partners, distributors, and retailers."