
EchoStar Corporation (NASDAQ: SATS) and Hughes Communications (NASDAQ: HUGH) announced that EchoStar is going to buy Hughes for $2 billion net including the assumption of debt. This move can pave the way for EchoStar’s better entry into broadband as well as corporate satellite markets. This deal will also offer EchoStar a considerably wider international scope for services and IPTV delivery.


February 14th, 2011
Marka Mara
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