Thuraya

Yahsat planning successor for Thuraya fleet
With the acquisition of fellow Emirati satellite operator Thuraya completed this August, Yahsat is planning to order two replacement satellites by the end of 2019 to continue Thuraya’s L-band connectivity service.

Regional operators seek flexibility through partnerships, technology
To remain profitable during a period of dramatic change in the communications industry, regional satellite operators are adopting new technology and establishing partnerships, according to panelists at the World Satellite Business Week conference here.

Etisalat sells Thuraya stake for $37 million
Emirati telecommunications company Etisalat has sold its 28 percent stake in satellite operator Thuraya to fellow Emirati satellite operator YahSat for $37 million.

Yahsat takes majority stake in Thuraya
Emirati fleet operator Yahsat on April 26 said it is acquiring a majority stake in fellow Emirati operator Thuraya for an undisclosed amount.

Former Thuraya CEO leaves OneWeb for Intelsat
Samer Halawi is leaving satellite internet startup OneWeb after less than a year to join Intelsat in a newly created executive position.

Meet Else, the Thuraya-backed smallsat startup that wants to connect things with cubesats
WASHINGTON — By cost, Swiss startup Else is the smallest low-Earth orbit venture to have partnered with an established geostationary operator as the prevailing industry mindset shifts from skepticism to opportunit…

Ex-Thuraya CEO joins OneWeb
Thuraya’s former CEO, Samer Halawi, has joined satellite internet startup OneWeb, moving from Dubai to the United States to help the company launch a constellation of low-Earth orbit satellites.

Thuraya CTO takes reins as longtime CEO departs for U.S. company
The chief executive of mobile satellite services operator Thuraya has left the Dubai company for a job in the United States, prompting Thuraya to name Chief Technology Officer Ahmed Al Shamsi acting CEO.

Thuraya denies any contact with Chinese suitor
Thuraya Communications says it has had no discussions with a Chinese company that said last week it was raising money to buy the mobile satellite services provider

Chinese company raises funding to acquire Thuraya
A Chinese technology group is planning to raise $195 million to purchase Dubai-based mobile satellite communications company Thuraya.

Thuraya joins Internet of Things industry group
Mobile satellite services operator Thuraya announced Nov. 21 that it is joining an industry group that develops standards for the “Internet of Things” (IoT), a market that has the potential to generate significant demand for satellite services in the coming years.

Asking Price Remains Obstacle to Thuraya Sale
Mobile satellite services operator Thuraya is looking to sell itself to rival Inmarsat in a transaction that has long been expected but has been stalled by the two sides’ inability to agree on a price.

Thuraya Revenue up 14 Percent as Satphone Sales Remain Strong
Mobile satellite services operator Thuraya Telecommunications Co. of Dubai posted revenue of $140 million, up 14 percent over 2013 on the strength of continued strong sales of its Satphone handset, Thuraya Chief Executive Samer Halawi said March 18.