EchoStar/Hughes: Q3 was ‘a low point:’ 500-Gbps Jupiter 3 satellite service starts in December, future focus is Enterprise

by Peter B. de Selding

LA PLATA, Maryland — EchoStar Corp. reported sharply lower revenue and profit for the three months ending Sept. 30 on the eve of its merger with sister company Dish Network, whose satellite-television business is also struggling.

EchoStar’s main business, satellite broadband hardware and service provider Hughes Network Systems, continued to lose subscribers in the United States and Latin America for its lack of capacity.

That part of the problem is expected to turn around starting in December, when Hughes’s 500-Gbps Jupiter 3 satellite, now in final in-orbit testing, begins commercial service.

EchoStar . . .

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