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[31.08.2011] EUTELSAT ANNOUNCES DISTRIBUTION AGREEMENT WITH EGYPTSAT FOR ITS TOOWAY SATELLITE BROADBAND SERVICE

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Paris, 29 August 2011

Eutelsat Communications, (Euronext Paris: ETL), one of the worlds leading satellite operators, today announced a 6-year distribution agreement valued at 20 million between its Skylogic subsidiary and Egyptsat. The agreement enables Egyptsat to use the new-generation Tooway satellite service to provide broadband services to users beyond reach of terrestrial or wireless networks across Egypt.

With download speeds of up to 10 Mbps and upload speeds of up to 4 Mbps, Tooway satellite broadband will bring fast, reliable and affordable Internet access for Egyptsat customers in areas with limited alternative solutions for broadband. The Tooway solution consists of a satellite dish and a modem connected to the PC via Ethernet, giving customers Internet access with no need for a telephone line.

Set up in 2000, Egyptsat is a leading VSAT service provider in the Middle East and Africa. The company is a licensed VSAT operator in Egypt, providing Internet services to oil companies in Egypt and outside of Egypt for offshore locations. Tooway will complement the companys product portfolio by offering satellite Internet solutions at competitive prices for small offices and home users in industrial and economic centres in the north of the country who can be served through the KA-SAT spotbeam allocated specifically for Egypt.

'Tooway is the best fit for Egypts new era, with Internet users increasing from 21 million to 25.4 million just after the 25th January revolution. With a price comparable to ADSL, Tooway is the passcode for this new era,' said Dr. Mohamed Elghamry, CEO of Egyptsat. The service is expected to meet the significant demand in the Egyptian territory and the region, where too many places are in deep need for high speed Internet at reasonable cost.

Arduino Patacchini, CEO of Skylogic, added: Tooway is the ideal broadband service to meet the needs of Egyptsats customers in rural and difficult to reach areas of the region. We are delighted to work with Egyptsat to extend broadband availability, and look forward to building a close and longstanding partnership which contributes to achieving a high-quality broadband environment in Egypt.

Source: http://www.eutelsat.com

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