Arabsat Invests $3Mn In ICO Global Communications
ICO Global Communications, the London-based global mobile communications company,announced on 20 April that Arabsat has become its sixtieth shareholder with an investmentof $3mn. It also said that Arabsat has an option to increase its investment at a futuredate. Mr Sa'd ibn 'Abd al-'Aziz al-Badna, Arabsat's Director General, stated that"the decision to invest in ICO was approved by the board. We are...