EQS-News

cyan AG: cyan and Viasat collaborate to expand satellite connectivity services across the globe

EQS-News: cyan AG / Key word(s): Miscellaneous cyan AG: cyan and Viasat collaborate to expand satellite connectivity services across the globe 31.10.2022 / 15:35 CET/CEST The issuer is solely responsible for the content of this announcement. cyan and Viasat collaborate to expand satellite connectivity services across the globe

Munich, October 31, 2022 – cyan AG, a leading European and globally active provider of BSS/OSS platform services and intelligent cybersecurity solutions for the telecom industry, today announced that Viasat, Inc., a global communications company, have signed an agreement leveraging cyan’s BSS/OSS platform to facilitate the expansion of global connectivity and communication services.

cyan's Seamless BSS/OSS & MVNE Platform offers an out-of-the-box, one-stop-shop solution for communication service providers with maximum flexibility and scalability. The innovative design provides complete end-to-end support from network integration, product management, real-time charging to customer care as well as digital customer experience management.

Despite progress, the global pandemic has highlighted how big gaps in connectivity persist, even in high-income markets. 3.8 billion people still do not have access to the internet – due to a lack of mobile broadband coverage or because of other barriers. [GSMA State of Mobile Internet Connectivity Report 2021] Viasat is a global leader in satellite technology who has demonstrated the ability to implement scalable, sustainable and reliable connectivity solutions all around the world – helping reduce the digital divide. cyan’s BSS/OSS platform enables more Viasat end users to leverage its satellite connectivity in hard-to-reach areas across the globe. Viasat’s next-generation satellite constellation, ViaSat-3, is expected to be capable of delivering even greater bandwidth capabilities that will result in more speed, data and streaming options.

“We are entering a new phase for our digital BSS/OSS platform together with Viasat. Viasat is our first worldwide satellite provider we welcome as customer, and we are confident that others will follow as rural areas in almost all continents will have a higher demand to bring connectivity solutions to every person around the globe,” said Frank von Seth, CEO of cyan. “This is a great step for cyan’s global strategy, expanding beyond traditional MVNOs. It shows our capabilities to support a large-scale and innovative player like Viasat in achieving their goals.”