Hughes reduces broadband subscriber loss thanks to Jupiter 3, but investor attention is riveted on EchoStar’s liquidity crisis

by Peter B. de Selding

LA PLATA, Maryland — EchoStar Corp.’s Hughes satellite business reported 978,000 subscribers as of March 31, down 26,000 from Dec. 31— the  lowest quarterly decline in more than two years that Hughes said was a direct result of the new capacity offered by the Jupiter 3 satellite.

Jupiter 3 entered service in geostationary orbit in December, allowing Hughes to offer customers higher-speed connections to compete with competitors including SpaceX Starlink.

Hughes expects that Jupiter 3 will slow the multi-year . . .

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