![Yahsat’s third satellite, Al Yah 3, prepared to start delivering commercial services. The new satellite, launched in January, will expand Yahsat’s Ka-band coverage to 19 additional markets across Africa covering 60% of the population and marks Yahsat’s first entry into Brazil where 95% of the population will have access to its satellite broadband services. Courtesy Mubadala Investment Company](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/5NQ27OOFQAFFM5Z3FQV3P5725M.jpg?smart=true&auth=26b812cd4fd4e54c2cfa62e746a6d62471daec729fec1129c52e33fd66bf83b4&width=400&height=225)
Yahsat's contracted future revenue has increased by 8.6% since the start of the year. Photo: Mubadala Investment Company
Yahsat's contracted future revenue has increased by 8.6% since the start of the year. Photo: Mubadala Investment Company
Yahsat's first-quarter net profit climbs 26% on strong business performance
Revenue rose more than 9% to $98.7m, driven by the company's managed and mobility solutions units