Hughes Communications

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

Hughes Communications NASDAQ: HUGH has been a publicly traded company since September 2006.

The principal business of Hughes Communications, Inc. is the management and administration of its wholly owned subsidiary, Hughes Network Systems, LLC. Hughes is the world’s leading provider of satellite-based communications networks, services, and products to the consumer, small- and medium-sized business, enterprise, and government markets.^[1]

Hughes Communications was formerly wholly owned by SkyTerra Communications and controlled by Apollo Management.

External links

• Official Website

References

1. ^ ICO Selects Alcatel-Lucent and Hughes for Alpha Trial

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