Amos Spacecom, formally known as Space Communications Ltd, is an Israeli-based global fixed-satellite operator and satellite service provider. It operates the AMOS satellite fleet, providing broadcast and broadband services with coverage over Europe, the Middle East, Africa, and Asia. Spacecom offers tailored communication solutions to media, telecommunications, and broadband industries, governments, and private networks. Key services include direct-to-home broadcasting, broadband internet access, and communication services, with major partners and customers including the Kenya Broadcasting Corporation and other clients in Angola, and Nigeria.
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The Yes DTH capacity agreement increases Yes DTH’s order backlog to $100,000,000 and includes extension options that could bring an additional $7,000,000 of revenue for Spacecom.
Spacecom agreed to lease AsiaSat’s satellite AsiaSat-8, which Spacecom calls Amos-7, for an extra two years for an annual fee of $14,000,000.
AsiaSat moved the spacecraft it had launched in 2014 from 105.5 degrees east to 4 degrees west to cover Africa, Europe, and the Middle East alongside Spacecom’s Amos-3 satellite.
Spacecom will buy 9.3% of rural connectivity provider Nuran Wireless to strengthen its presence in Africa.
Spacecom offers a variety of telecom and mobile market services in Africa including designing, planning, operating, and managing advanced communication networks in addition to providing satellite capacity.
Spacecom expects potential annual revenue from the NuRAN-related deals to be between $2,000,000 and $3,000,000 depending on the deals’ progress.
Spacecom is making a $3,200,000 investment in NuRAN Wireless and is acquiring 9.3% of NuRAN’s equity subject to the contract’s conditions.
The agreement between Spacecom and Nuran Wireless coincides with 4iG’s pursuit of a 51% stake in Spacecom for about $65,000,000.
Spacecom is buying a 9.3% stake in Nuran Wireless.
The deal is subject to Nuran Wireless and Spacecom agreeing on terms that would make Spacecom Nuran Wireless’s exclusive satellite capacity provider for future projects in Africa including 120 sites in Cameroon and 2,000 sites in Congo.
The Spacecom purchase of a 9.3% stake in Nuran Wireless is a $3,200,000 deal.
4iG, the Hungary-based IT and communications company, is seeking to buy 51% of Spacecom for about $65,000,000.
Spacecom provides services in Africa with its Amos-17 spacecraft.
Spacecom reported revenues of $88,000,000 and EBITDA of $52,000,000 in 2020.
Spacecom has a contracted backlog of $300,000,000.
Spacecom owns and operates the AMOS-3, AMOS-4, AMOS-7, and AMOS-17 satellites.
Spacecom provides services in Hungary and the region via the AMOS-3 satellite.
4iG expects to pay $65,000,000 to buy the 51% stake in Spacecom.
Amos-6 was insured, and Spacecom lost anchor customers including Facebook after the Amos-6 explosion.
Spacecom operates four broadcast and broadband satellites that serve Africa, the Middle East, Asia, and Europe, including Hungary with Amos-3.