EchoStar’s Hughes: Satellite broadband subs & profit up, churn down. EchoStar’s M&A: Still looking

by Peter B. de Selding

PARIS — The market’s interest in EchoStar Corp. in the past year or two has been centered on two things: How’s the Hughes Network Systems satellite consumer broadband business doing, and how’s the search going for a satellite-sector acquisition target for your $3.3 billion in cash?

In its first-quarter earnings call, the company answered: Very well indeed, to the first question. To the second, the answer was: We’re still hunting.

EchoStar, which might usefully change its name to Hughes Plus, reported a 21 . . .

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