VOL. XLI
No. 39
28-September-1998
OMAN
Oman Telecom Invests $5Mn In Al-Thuraya
Omans General Telecommunications Organization (GTO) announced on19 September that it had invested $5mn to acquire a 1% stake in the Al-Thuraya SatelliteTelecommunications Company of the UAE. Mr. Muhamad Hasan 'Umran, Al-Thuraya's Chairman,stated that "with Oman entering our alliance, we have secured the full support of theGCC countries, as representatives from all of these countries have become partners."Al-Thuraya...
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