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Hughes Communications

 
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Hughes Communications, Inc.

(NASDAQ (GM):HUGH)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Hughes Communications, Inc.
11717 Exploration Ln.
Germantown, MD 20876
MD Tel. 301-428-5500
Fax 301-428-1868

Type: Public
On the web: http://www.hughes.com
Employees: 1,958
Employee growth: 4.6%

Hughes Communications keeps its principal assets even higher than visionary Howard Hughes could have imagined. Through its operating subsidiary, Hughes Network Systems, the company provides broadband satellite products and services. It uses its very small aperture terminal (VSAT) equipment and satellite network to provide consumers and businesses with broadband Internet access. The company's network also enables network applications ranging from voice services to credit authorization. In addition to its services, the company provides equipment used by fixed and mobile communication systems operators.

Key numbers for fiscal year ending December, 2008:
Sales: $1,060.4M
One year growth: 9.2%
Net income: $9.0M
Income growth: (79.3%)

Officers:
President, CEO, and Director: Pradman P. Kaul
EVP and CFO, Hughes Communications and Hughes Network Systems: Grant A. Barber
Director Marketing Communications: Judy Blake

Competitors:
Gilat Satellite
iDirect Technologies
ViaSat

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Hughes Communications

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Hughes Communications
Type Public (NASDAQHUGH)
Headquarters Germantown, Maryland, United States
Area served Worldwide
Key people Pradman Kaul (President/CEO
Grant Barber Executive Vice President/CFO
Industry Telecommunications
Services satellite-based communications
Total assets $1,190,393 (2008)[1]
Total equity $343,858 (2008)[1]
Employees 1,958 (2008)
Subsidiaries Hughes Network Systems
Website http://www.hughes.com/

Hughes Communications NASDAQHUGH is publicly traded provider of satellite-based communications services. The company operates its satellite business through its wholly owned subsidiary, HughesNet.

Contents

Subsidiaries

Hughes Network Systems

A wholly owned subsidiary, Hughes Network Systems is a provider of broadband satellite network products for businesses and consumers. Headquartered outside Washington, D.C., in Germantown, Maryland, USA, it maintains sales and support offices worldwide and employs approximately 1,500 people in engineering, operations, marketing, sales and support. It also operates manufacturing facilities in Gaithersburg, Maryland. It first opened its doors in 1971 as Hughes Electronics, which expanded in 1987 with the purchase of M/A-COM Telecommunications. In January 2003, the company was sold to SkyTerra Communications.

HughesNet

HughesNet is the brand under which Hughes Network Systems provides its one-way and two-way satellite broadband Internet technology and service in United States and Europe. Originally branded as DirecPC, it originally catered to business. In October 1996, it expanded into the consumer market, primarily targeting "work-at-home consumers who might otherwise use ISDN".[2][3][dead link] It officially changed its name on March 27, 2006.

References

  1. ^ a b Hughes Communications (November 4, 2009). "Hughes Communications Announces Third Quarter 2009 Results" (pdf). Press release. http://www.hughes.com/HUGHES/Doc/0/M6J7PQMCJHNKVE28JUMDRKN67E/Hughes_Communications_Announces_Third_Quarter_2009_Results.pdf. Retrieved December 17, 2009. 
  2. ^ McCarthy, Shira (October 14, 1996). "Hughes brings DirecPC home". Telephony Online. Penton Media. http://telephonyonline.com/mag/telecom_hughes_brings_direcpc/index.html. Retrieved December 17, 2009. 
  3. ^ http://www.isr.umd.edu/ISR/publications/newsletter/december94/direcpc.html

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