The bulk of EchoStar’s business these days is focussed on its wholly-owned subsidiary Hughes Network Systems which itself is a major supplier of satellite-based broadband to consumer and business users. Last week EchoStar – itself controlled by Charlie Ergen – reported better than expected results on revenues and EBITDA. The results have prompted a significant […]
Denver-based EchoStar says that its much-needed Jupiter 3 giant broadband satellite, originally slated for a launch in 2021 has been badly delayed. It is likely to be a year late in its launch. The problems, while not specified, are almost certainly down to the Covid-19 virus and inevitable delays in construction at the Maxar Technologies […]
Reports have emerged that London-based satellite operator Inmarsat had “secretly” linked with Hughes Network System to collaborate on winning a major slice of the world’s in-flight broadband services, and bringing costs down to zero for travellers. Inmarsat CEO Rupert Pearce described the link with Hughes (a business owned by Charlie Ergen’s EchoStar) as a “game […]
Charlie Ergen has filed documents with the US Securities & Exchange Commission to create a public company called Conx. Ergen is using Conx as a SPAC (a Special Purpose Acquisition Company) as the shell vehicle for his move. Conx is offering 100 million shares (and possibly up to 115 million) at $10 each as part […]
Putting $50 million into the consortium buying bankrupt OneWeb could be extremely lucrative for EchoStar subsidiary Hughes Network Systems/Hughes Connects (HNS). Hughes was an original investor in OneWeb and is now likely to gain $300 million in contracts for at least some of OneWeb’s important ground segment installations. HNS, via EchoStar, signed a contract with […]
EchoStar-owned Hughes Network Systems is joiining the new consortium buying bankrupt OneWeb. Hughes will join the UK government and Bharti Global as part-owners. Hughes will, in principle, invest $50 million into the consortium. “Additionally,” says the Hughes statement, “[We] will continue as a trusted technology and distribution partner to OneWeb, the Low Earth Orbit (LEO) […]
Hughes Network’s massive Jupiter 3 satellite will be one of the largest in orbit when it launches next year. Brazil has approved its use to serve the nation with Ka-band capacity. Maxar Technologies is building the craft which is likely to be launched in the second-half of next year. Jupiter 3, also known as EchoStar […]
Inmarsat and Hughes Network Systems have joined Eutelsat in objecting to the FCC’s current C-band auction rules. The pair say that the FCC’s incentive scheme favours Intelsat and SES and will give the two satellite giants an unfair competitive advantage. Inmarsat and Hughes (and EchoStar Satellite Services) have written to the FCC saying they agree […]