Hughes EBITDA up on higher consumer revenue; LatAm subs up 20%; enlisting OneWeb for FCC RDOF bid

by Peter B. de Selding

PARIS — EchoStar Corp.’s Hughes Network Systems reported a 5% increase in average monthly consumer broadband subscription revenue for the three months ending June 30 compared to the previous three months as the Covid-19 pandemic kept people home and caused a spike in U.S. household broadband use.

The company reported an 11.2% decline in its U.S. subscribers during the same period, to 1.22 million. The decline was more than offset by a 20.2% increase in its Latin American subscribers, which totaled 321,000 . . .

To view the entire article, become a subscriber!

You may also like