Etisalat Signs Satellite Backhaul Agreement with O3b Networks
Published on: 9th Feb 2011
Note -- this news article is more than a year old.
O3b Networks, the developer of a high speed, satellite based internet network for telecommunications operators and ISPs, has signed a global framework agreement with Etisalat. This framework agreement will enable any of Etisalat's Operating Companies to benefit from O3b services under a separate bilateral agreement.
The five year agreement will see O3b provide mobile backhaul, trunking and next generation services to Etisalat's subsidiaries.
John Finney, Chief Commercial Officer, O3b Networks, Ltd., said: "We are delighted to have reached this agreement with Etisalat Group. Continuous availability of right priced, bulk capacity will enable carriers like Etisalat Group OpCos to meet their long term capacity needs. This deal further highlights the demand for O3b's quality offer of faster more affordable connectivity available to everyone."
O3b Networks is backed by SES, Google, Liberty Global, HSBC Principal Investments, Northbridge Venture Partners, Allen & Company, Development Bank of Southern Africa, Sofina and Satya Capital.