AXESS Networks, METelecom Partner in Saudi Venture
AXESS Networks (AXESS), has signed a joint venture agreement with the Saudi Arabian communications provider Middle East Telecommunications (METelecom) to provide end-to-end managed satellite communications solutions for customers operating in Saudi Arabia. The joint venture, AXESS Networks Solutions Saudi Arabia, will have an office in Dammam, Saudi Arabia.
In the March 30 release, AXESS said that it intends to provide global infrastructure, assets and long-term expertise to support the satellite-based communications networks for the new joint venture. METelecom plans to address the specific requirements for corporations doing business in the Kingdom of Saudi Arabia. AXESS Networks Solutions Saudi Arabia will operate its own Teleport facilities and Network Operation Center out of Dammam, Saudi Arabia and under the license of the Communications and Information Technology Commission (CITC). AXESS said the main focus will be on supporting the increasing demand of communications needs for industries such as oil and gas, mining, maritime, and telco.
“The joint venture will further support our growth perspectives in the Middle East and especially in Saudi Arabia, where many corporations are in need of reliable partners providing state-of-the art connectivity networks to back and enhance their operations,” AXESS CEO Mauricio Segovia said. “With METelecom we have found our perfect match to pursue our goals in providing solutions that exceeds our customers’ expectations.”