PARIS — EchoStar Corp. gave further indication that it is planning a constellation of hundreds of wide-band satellites to follow on to its narrowband Lyra constellation of 28 small S-band spacecraft as part of its long-term strategy.
EchoStar, which had $1.7 billion in cash as of March 31 and is still uncertain what to do with it, appears to be settling on a strategy that evolves its Ka-band broadband service toward an enterprise-focused business, deploys its low-cost Lyra constellation of S-band satellites . . .
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