PARIS — UAE-based fixed and mobile satellite fleet operator Al Yah Satellite Communications Co. remained on the sidelines of the Covid-triggered merger-and-acquisition trend of the past 16 months despite the fact that its capital structure and business profile give it plenty of room to move.
Can it remain a spectator as satellite fleet owners pursue vertical integration to get nearer their end customers and protect their core bandwidth-sales businesses?
It probably can. The same financial stability from owner Mubadala Investment Co.
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