Mobile satellite services provide Thuraya's two large Boeing-built L-band satellites cover nearly all of Asia and the Middle East, and much of Africal. Through roaming agreements, the Dubai-based company also has a presence in the Americas. A Chinese company's offer to purchase Thuraya for $200 million appears focused on transforming Thuraya into a major presence in China. But the deal faces multiple regulatory and financial hurdles. Credit: Thuraya
PARIS — A Chinese investment holding company is putting together a deal to purchase mobile satellite service provider Thuraya for $200 million in a transaction that faces regulatory . . .
To view the entire article, become a subscriber!