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Thuraya sets to boost position in world communications' market

posted on 09/03/2008: 1377 views



Thuraya Satellite Communications Company endeavours to bolster its position in the world satellite communications market, Thuraya Company Chief Executive Yousif Al Sayyed told Emirates News Agency (WAM) in an exclusive interview.

"Despite difficulties over launching its third satellite in mid 2006, the company managed to reap good revenues due to various services launched at the market", he said, but added that "the delay in launching the third satellite effectively affected general performance, yet Thuraya is flexing muscles after launching the third satellite at cost USD 330 million in January. It heads towards experimental period and providing services to East Asian market- a promising commercial region with population over two billion people".

Al Sayyed reiterated that the Thuraya satellite mobile phone is 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 worldwide, targeting two thirds of world population.

"Thuraya customers now range from 220, 000- 250, 000. After launching the third satellite, the customers will add more 30, 000 customers and 60, 000 customers next year", Thuraya chief executive predicted, adding that the international and civil organisations, which operate in the crisis zones always seek Thuraya satellite phones as they could not get normal telephone communications. He noted that the agreement the company signed with China and Australia on distributors of Thuraya services in the two countries, will have positive effect in financial performance of the company.

The UAE based company, is one of the important satellite communications in the world. It provides satellite mobile phone services to over 170 countries worldwide, ranging from Asia, Africa, Europe, and Middle East to Iceland and Japan. Its services cover over 4.5 million people. Thuraya was founded in 1997 through a strategic partnership between national communications companies and major investment companies in the region. - Emirates News Agency, WAM

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