Thuraya set to increase market share in communications market

March 8th, 2008 - 7:02 pm ICT by admin  


Abu Dhabi, March 8 (IANS) The United Arab Emirates (UAE) based satellite communications company Thuraya is set to expand its market share with the launch of a third communications satellite, according to the company’s chief executive, WAM news agency reported Saturday. “Following the successful launch of the third satellite in January, the company plans to add 30,000 to 60,000 customers next year”, Yousif Al Sayyed said.

He said that the new satellite would broaden Thuraya’s potential customer base.

Al Sayyed added that the agreement the company signed with China and Australia on distribution of the company’s services in the two countries would have positive effect on the financial performance of the company.

Thuraya Satellite Communications Company, which was founded in 1997, is a leading provider of mobile satellite communications and provides services in 170 countries.

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