Business
Viasat and Batelco Sign MOU for the Commercialization and Distribution of Business-to-Business Broadband Connectivity Services Across MENA
CARLSBAD, Calif., April 12, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, and Bahrain Telecommunication Company
About this update from Viasat, Inc.
[{"type":"text","content":"CARLSBAD, Calif., April 12, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, and Bahrain Telecommunication Company (\"Batelco\"), the leading digital solutions provider in the Kingdom of Bahrain, today announced the signing of a Memorandum of Understanding (MOU) to engage in several business-to-business (B2B) service opportunities across the Middle East and North Africa (\"MENA\") region.\nThe non-binding MOU between Viasat and Batelco focuses on the potential commercialization and distribution of satellite broadband connectivity to businesses in the MENA region.\nThe MOU also addresses exploring other potential service opportunities including: \nHybrid connectivity solutions combining satellite and terrestrial broadband for business continuity services;Corporate local area network (LAN) extension services to remote offices using satellite broadband connectivity;SD-WAN services to optimize the delivery of business applications over multiple access networks;Temporary satellite broadband connectivity for special projects, events or disaster relief efforts;Mobile-to-mobile and Internet of Things (IoT) B2B applications;Use of satellite connectivity for mobile backhaul to remote sites.Viasat and Batelco seek to leverage satellite broadband capacity from Viasat's current satellite systems, with plans to evolve to the ViaSat-3 satellite platform, once launched and operational. As a first step of the MOU, the companies expect to implement a proof-of-concept trial within the next several months.\nPeter Langkilde, Viasat's general manager, Broadband Services, Europe, Middle East and Africa stated, \"Viasat is on a path to bring high-quality broadband connectivity to the world. By signing a MOU with Batelco, we can strategically explore various business synergies and collaborations with a proven market leader in the MENA region—ahead of the launch of our next-generation ViaSat-3 satellite constellation. We recognize Batelco shares a similar customer philosophy—to deliver a superior customer experience—and we're looking forward to discovering new opportunities for our advanced B2B broadband services.\"\nAbdulla Danesh, Enterprise General Manager added, \"At Batelco we pride ourselves in bringing the latest in technology to our customers, and we believe that this opportunity with Viasat will deliver just that...