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Thuraya eyes growth

  • United Arab Emirates: Wednesday, March 12 - 2008 at 07:42

Yousif Al Sayyed, CEO of UAE-based Thuraya Satellite Communications Company, said his company is planning to bolster its position in the world market, reported Gulf News. He said the company is entering an experimental period and plans to provide services to East Asia. He added that an agreement the company signed with China and Australia on distribution of services in the two countries will have a positive effect in the financial performance of the company. Al Sayyed acknowledged that the delay in launching the third satellite in mid-2006 impacted the company's general performance.

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