Hughes Electronics Corp has won a $900m contract from the Thuraya Satellite Telecommunications Co for the United Arab Emirates. The contract, won in competition against Lockheed Martin Corp and France’s Aerospatiale, will result in a mobile satellite system covering 1. 8 billion people across the Middle East. Thuraya’s largest shareholder is the UAE telecoms monopoly […]
Hughes Electronics Corp has won a $900m contract from the Thuraya Satellite Telecommunications Co for the United Arab Emirates. The contract, won in competition against Lockheed Martin Corp and France’s Aerospatiale, will result in a mobile satellite system covering 1. 8 billion people across the Middle East. Thuraya’s largest shareholder is the UAE telecoms monopoly Etisalat.
