thuraya
Gulfnews: Thuraya to bolster global positionLI#business a {background-color: #000000;color: #ffffff;}.library_edit_normal {}.library_edit_hover {background-color: #E4E4E4;}.library_edit_button_normal {height:16px; width: 16px;cursor: pointer;float: right;position:absolute;}Last updated:18:06 (GMT+04) Wednesday, March 12, 2008. Mobile editionePaperLive weather Shortcuts------GNAds4UJOBS4UWHEELS4UPROPERTIES4UCLASSIFIEDS4U------The NationThe GulfThe RegionThe World------BusinessSportTechnologyIn DepthIn Pictures-------FeaturesTabloidFridaye+ExploreUnwindNotesSport Extra-------Ask the lawResidents guideAbout UAE------Your SayLettersPollsEmail us------OpinionEditorialsColumnsWeekend Review------Supplements------About UsSearchPast EditionFront Page PDFePaperMobile EditionSubscribeRSS FeedsJOBS4U WHEELS4UPROPERTIES4UCLASSIFIEDS4UTHE NATIONTHE GULFTHE REGIONTHE WORLDBUSINESSSPORTTECHNOLOGYIN DEPTHIN PICTURESYOUR PICTURESFEATURESTABLOIDFRIDAYE+EXPLOREUNWINDNOTESSPORT EXTRAASK THE LAWRESIDENTS GUIDEABOUT THE UAESPECIAL COVERAGE
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YOUR SAYLETTERSPOLLSEMAIL USOPINIONEDITORIALSCOLUMNSWEEKEND REVIEWSUPPLEMENTSABOUT GULF NEWSSEARCHPAST EDITIONSFRONT PAGE PDFEPAPERMOBILE EDITIONSUBSCRIPTIONSRSS FEEDSJOBS AT GNBusiness Telecom Thuraya to bolster global positionGulfnews: Thuraya to bolster global positionWAMPublished: March 09, 2008, 00:03Abu Dhabi: Thuraya Satellite Communications Company is planning to bolster its position in the world market, chief executive Yousif Al Sayyed said.
"Despite difficulties over launching its third satellite in mid-2006, the company managed to reap good revenues due to various services launched in the market," he said.
But he added that "the delay in launching the third satellite effectively affected general performance".
Yet Thuraya is flexingits muscles after launching its third satellite at a cost of $330 million in January.
It is heading towards an experimental period and providing services to East Asia - a promising commercial region with a population of over two billion people.Al Sayyed reiterated that the Thuraya satellite mobile phone was the most usable and dynamic worldwide, indicating that with catering services for the East Asian region this month, the new satellite will broaden base of potential customers.
"Thuraya customers now number 220,000 to 250,000. After launching the third satellite, they will increase by more than 30,000 and another 60,000 next year," Al Sayyed said. International and civil organisations that operate in crisis zones always seek Thuraya satellite phones as they cannot get normal telephone communications, he added.
Al Sayyed noted that the agreement the company signed with China and Australia on distributors of services in the two countries will have a positive effect in the financial performance of the company.
The UAE-based company is one of the leading satellite communications companies. It provides satellite mobile phone services to over 170 countries.More from ...... BusinessEmail thisarticlePrinter-FriendlyversionEmail theEditorBookmark thisarticlePost this story to:Del.icio.us | Digg | Facebook | Reddit RSS FEEDGet Business as a news feedYOUR MONEYCurrency converterLatest Forex ratesLATEST STORIES FROM Business BusinessHamdan Bin Rashid inaugurates Wetex showBusinessBoat ownership in Dubai to riseAVIATIONMohammad inspects progress of Dubai airport expansionHeathrow Airport charges to soarBoeing to challenge US Air Force's tanker decision Adac signs catering accord with SSPDAE buys flight-planning software companyBANKING AND FINANCEBoJ nominee faces veto despite independence pledgeCOMMENT AND ANALYSISDubai's interest in Pakistan's stock market is good for bothUpdating processes in an organisationCOMMERCEDubai leads retail growth in Middle EastCOMMODITIESCabinet studies basic subsidiesGold falls but strong oil prices will give supportCONSTRUCTIONShortage of labour hits UAE projectsECONOMYUAE targets 5 per cent inflation rate this yearGENERALWEF nominates 121 young global leadersINDUSTRYEmpower to invest Dh1.2b in plantsHamdan Bin Rashid inaugurates Wetex showINVESTMENTUAE investing $7 billion in SudanLimitless to acquire 30% stake in Bakrieland unitsAbu Dhabi Group pays $42m for Georgian bankUAE Economy ministry under fire over concealment lawMARKETSShuaa ready to start Saudi operationsAmlak plans to raise Dh6b through sukuk and loansReliance and L&T lead rise in India but worries remainGulf bourses must amend laws, says Al MansouriOman stock exchange expects to see at least three IPOs this yearUAE shares close lower, reflecting global trendOIL & GASIran to ink gas deal with Pakistan in AprilSoaring LNG prices pose risk to growth of global demandREAL ESTATE PROPERTYAbu Dhabi to get Yas Island boostSchon plans Dh10b property portfolio Omniyat plans Dh3.5b project at WaterfrontUAE firms steal show at Cannes realty exhibitionSPECIAL EVENTSBoat ownership in Dubai to riseMORE STORIES FROM BusinessAVIATIONAirlines slam passenger tax hikeBUSINESS FEATUREElectronics devices going greenECONOMYUS economy teeters on edgeINDUSTRYWork on Dh40b Dubai utility to startOIL & GASOil eases from record high TECHNOLOGYNokia to use web video serviceUAE shies away from online shoppingMore TV channels to be addedData traffic jam is looming aheadMikons lets you get creativeSun to sell 'virtual' computersAcer eyes Dh2.93b regional earnings TELECOMThuraya to bolster global positionTRA: Ban on VoIP services to continueMONEYWorld's key central bankers to discuss credit turmoilRADIO 1Listen nowRADIO 2Listen now» Streaming FAQs» Radio schedulesSPECIAL COVERAGE
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