Axess Networks and METelecom form Saudi joint venture

Axess Networks and METelecom form Saudi joint venture

Axess Networks has formed a joint venture with Saudi operator METelecom aimed at providing end-to-end managed satellite communications solutions.

Under the agreement, Axess will provide global infrastructure, assets and long-term expertise to support the satellite-based communications networks for the new joint venture, while METelecom will address the specific local requirements for corporations doing business in the Kingdom of Saudi Arabia.

The joint venture will be known as Axess Networks Solutions Saudi Arabia and will operate its own Teleport facilities and Network Operation Center out of Dammam, Saudi Arabia and under the licence of the Communications and Information Technology Commission (CITC).  The main focus lies on supporting the increasing demand of communications needs in different verticals, such as oil and gas, mining, maritime, telco and others.

Mauricio Segovia, CEO of Axess Networks, said: “The joint venture will further support our growth perspectives in the Middle East and especially in Saudi Arabia, where many corporations are in need of reliable partners providing state-of-the art connectivity networks to back and enhance their operations.”

MORE ARTICLES YOU MAY BE INTERESTED IN...


Sign-up to our weekly newsletter

Keep up-to-date with all the latest news, articles, event and product updates posted on Developing Telecoms.
Subscribe to our FREE weekly email newsletters for the latest telecom info in developing and emerging markets globally.
Sending occasional e-mail from 3rd parties about industry white papers, online and live events relevant to subscribers helps us fund this website and free weekly newsletter. We never sell your personal data. Click here to view our privacy policy.