For EchoStar, Brazil a broadband success for Hughes but a DTH failure 8 years after winning orbital slot

by Peter B. de Selding

PARIS — EchoStar’s experience in Brazil mirrors its broader financial results in the past couple of years: Good news in broadband for the Hughes Network Systems division, and disappointment at EchoStar Satellite Services.

Takeaways from EchoStar conference call:

— Most broadband subscriber growth is coming from Latin America as the beams on Hughes’s North America satellites fill up.

— Hughes’s Q4 revenue of $445 million was up 10% from a year ago; EBITDA was up 12%, to $148 million.

— EchoStar Satellite . . .

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