Investcom, Thuraya to expand SP agreement

Published October 12th, 2000 - 02:00 GMT

Thuraya has been steadily expanding its regional service provider (SP) network, with the latest addition being the telecom group, Investcom Global ltd. The deal will reinforce Investcom’s foothold in four markets in the Middle East and Africa — Lebanon, Ghana, Guinea and Benin.  

 

The next two weeks will witness another development for Thuraya — the launch of its first geo-synchronous mobile telecommunications satellite from the Pacific Ocean. The anticipated launch will mark the countdown for starting commercial service in early 2001, according to Thuraya chairman, Mohammad Omran. 

 

Omran said, “We are pleased for this new partnership, and for having concluded this key deal which covers four markets within Thuraya’s 99-country coverage area.” He also added that this agreement has brought the total number of countries where service provision agreements have been signed to 26 countries from various parts of Thuraya’s coverage area in Europe, Africa and Asia.  

 

Investcom Holding was established in 1982, starting with the retail of telecommunications equipment and accessories, to the installation and management of mobile communication systems, and ending with international carrier networks. Currently, Investcom affiliated companies offer turnkey telecommunications solutions to governmental and private sectors. The number of its mobile subscribers has now exceeded 300,000, with assets of more than $100 million and a sizeable workforce of over 2000 employees. — (Albawaba-MEBG)


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