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UAE’s Thuraya subject of Chinese bid, but denies any talks are underway

Geopolitics News News Public Content Space Economy News

Peter B. de Selding, the former international correspondent of Space News, reports in his new venture SpaceIntelReport.com, that Hong Kong-based company China Trends Holdings Ltd. is considering buying Dubai-based satellite communications company Thuraya for U.S.$201 million. Within days of the announcement by China Trends Holdings Ltd., Thuraya issued a statement denying that any talks with…...