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ABS (satellite operator)
Dubai-based operator of communication satellites From Wikipedia, the free encyclopedia
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ABS is a global satellite operator and has offices in United Arab Emirates, Asia and United States. Operating 5 communication satellites, the satellite fleet currently covers 93% of the world's population including the Americas, Africa, Asia Pacific, Europe, the Middle East and Northern Asia.[2] The company provides satellite services of data, video and internet services for broadcast, Internet and VSAT users for enterprises, governments and communities.
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History
ABS (formerly known as Asia Broadcast Satellite) was established in 2006[3] with major shareholder Citigroup Venture Capital International (CVCI) and the financial backing of Asia Debt Management Capital (ADM). The company acquired its first satellite, a Lockheed Martin Intersputnik 1 (LMI-1), which was renamed as ABS-1.
ABS expanded its fleet (ABS-2,[4] ABS-2A, ABS-3A, ABS-4 and ABS-6).[5]
In 2020, ABS was fully acquired by the UK based Permira Funds.[6]
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