Arabsat, a privately owned company founded in 1976 and headquartered in Saudi Arabia, provides satellite connectivity and distribution services across the Arab world. Employing approximately 220 people, the company reported revenues of less than $250 million in 2023. Its core business is operating and utilizing satellites to deliver communication services.
On an unspecified date, Arabsat announced the retirement of the BADR-6 satellite after sixteen years of service. On an unspecified date, Qvest and Arabsat signed an agreement to launch an advanced OTT streaming platform for Saudi Arabia and other regions. Also on an unspecified date, the Saudi Broadcasting Authority signed a long-term contract with Arabsat to expand its global reach. On an unspecified date, Arabsat appointed Frederik van Essen as Chief Strategy Officer. Finally, on an unspecified date, Arabsat participated in the 14th forum of the Arab Satellite Communications Organization, organized by the Ministry of Digital Transition and Administrative Reform. The forum included telecommunications service providers, broadcasting channel owners and managers, global experts, and technical partners.
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