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AXESS Networks Announces Joint Venture with Middle East Telecommunications Co.

Barcelona (Spain) / Al Khobar (KSA),  March 31, 2020 – AXESS Networks (AXESS), a global leader of satellite-based communications solutions, will further strengthen its market presence in the Middle East and signed a joint venture agreement with the Saudi Arabian communications provider Middle East Telecommunications Co. (METelecom). The intention is to provide end-to-end managed satellite communications solutions that are designed to enhance performances of customers operating in Saudi Arabia.

AXESS will provide global infrastructure, assets and long-term expertise to support the satellite-based communications networks for the new joint venture. METelecom will address the specific local requirements for corporations doing business in the Kingdom of Saudi Arabia. The management team of METelecom has more than seven decades of experience in providing remote communications to the harshest environments. METelecom brings the highest level of service and support through their experienced operations and engineering teams to the joint venture.

The joint venture will be acting as AXESS Networks Solutions Saudi Arabia and will have its office in Dammam, the capital of the Eastern Province of Saudi Arabia at the Persian Gulf. 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).  The main focus lies on supporting the increasing demand of communications needs in different verticals, such as oil and gas, mining, maritime, telco and others.

Mauricio Segovia, CEO of AXESS Networks, states “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. With METelecom we have found our perfect match to pursue our goals in providing solutions that exceeds our customers’ expectations.”

Richard Begnaud, President of METelecom, adds “Coupling AXESS superior network and infrastructure with our operational excellence, presence and capabilities within the Kingdom of Saudi Arabia enhances our services and product line. The joint venture will allow us to leverage each other’s strengths and provide our respective customers with the very best experience and highest level of customer service possible. In AXESS we found a partner that shares METelecom’s values of compliance, safety, respect for people, and creativity with the vision of providing quality of life to remote operations and their employees increasing sustainability in the workplace.”

About Middle East Telecommunication Co.

Middle East Telecommunications Co. founded in 2019 is a Saudi Owned Communications Provider bringing over 72 years of experience within the Oil & Gas Industry. We pride ourselves on customer service and Safety. We bring both experience and local support with working knowledge of industry standards and future needs to the Energy Sector within The Kingdom of Saudi Arabia.

www.metelecom.net.sa

About AXESS Networks

AXESS Networks is a global leader of satellite-based communications solutions. It provides turnkey solutions tailored to the individual requirements of its clients. AXESS Networks has been founded in 2019 out of two well-established companies in Europe and Latin America. It operates three Teleports in Colombia, Mexico and Germany. AXESS Networks delivers exceptional service quality to its customers wherever and whenever they are in need. Today, AXESS Networks has a proud team of more than 200 employees, that operates around 15,000 sites in more than 50 countries on four continents.

www.axessnet.com

For further inquiries contact: Nadine Faßbender – Marketing Manager: nadine.fassbender@axessnet.com