This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Hughes Achieves Major Milestone Of Over Three Million Satellite Terminals Shipped

GERMANTOWN, Md., Jan. 14, 2013 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite solutions and services, today announced that it has shipped more than 487,000 broadband satellite terminals in 2012, the most ever in one year, bringing its cumulative number of satellite terminals shipped worldwide to more than 3.3 million.

(Logo: http://photos.prnewswire.com/prnh/20110112/NE29456LOGO )

The new record reinforces the company's leadership in both broadband satellite services and technology, with customers in over 100 countries and in all market segments. Large and small enterprises across virtually all vertical sectors, along with government and multi-national organizations, rely on Hughes for an ever-expanding range of broadband networking solutions. Its leading consumer high-speed satellite Internet service in North America is growing at an accelerated rate since the launch of HughesNet ® Gen4 service in October 2012, powered by the EchoStar XVII Ka-band satellite with JUPITER high throughput technology — with over 200,000 HT terminals  shipped in the last quarter of 2012.

"Every one of those 3.3 million terminals is a testament to the trust placed in Hughes by our customers for their communications solutions," said Pradman Kaul, president of Hughes. "It's what drives us to innovate and continually advance our satellite technology and services — ensuring they succeed, so we succeed. And that hasn't changed since we shipped the first VSAT terminal in 1986, nor has the pride in our people who make it happen."

About Hughes Network Systems Hughes Network Systems, LLC (Hughes) is the world's leading provider of satellite broadband for home and office, delivering innovative network technologies, managed services and solutions for enterprises and governments globally. HughesNet ® is the #1 high-speed satellite Internet service in the marketplace, with offerings to suit every budget. To date, Hughes has shipped more than 3.3 million systems to customers in over 100 countries, representing over 50 percent market share. Its products employ global standards approved by the TIA, ETSI and ITU organizations, including IPoS/DVB-S2, RSM-A and GMR-1. Headquartered outside Washington, D.C., in Germantown, Maryland, USA, Hughes operates sales and support offices worldwide, and is a wholly owned subsidiary of EchoStar Corporation (NASDAQ: SATS), a premier global provider of satellite operations and digital TV solutions. For additional information about Hughes, please visit www.hughes.com.

©2013 Hughes Network Systems, LLC, an EchoStar company.  Hughes, HughesNet and JUPITER are trademarks of Hughes Network Systems, LLC.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,162.99 +121.45 0.67%
S&P 500 2,123.48 +19.28 0.92%
NASDAQ 5,106.5930 +73.8420 1.47%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs