ECHOSTAR CORPORATION


Associated tags: SATS, EchoStar, Hughes Network Systems, Communication, Communications satellite

Locations: COLORADO, DISH

Hughes Pioneers Self-Healing Capability that Improves Enterprise Wide Area Network Performance Using Artificial Intelligence

Retrieved on: 
Tuesday, September 15, 2020

GERMANTOWN, Md., Sept. 15, 2020 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), a leading provider of managed network services under its HughesON brand, announced today the commercial availability of its artificial intelligence (AI) for IT operations (AIOps) solution for enterprise Wide Area Networks (WANs).

Key Points: 
  • GERMANTOWN, Md., Sept. 15, 2020 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), a leading provider of managed network services under its HughesON brand, announced today the commercial availability of its artificial intelligence (AI) for IT operations (AIOps) solution for enterprise Wide Area Networks (WANs).
  • Hughes is the first managed services provider to deliver a self-healing WAN edge capability to enterprise customers.
  • Hughes Network Systems, LLC (HUGHES) is the global leader in broadband satellite technology and services for home and office.
  • Hughes and HughesNet are registered trademarks and JUPITER is a trademark of Hughes Network Systems, LLC.

EchoStar Announces Financial Results for Three and Six Months Ended June 30, 2020

Retrieved on: 
Thursday, August 6, 2020

ENGLEWOOD, Colo., Aug.6, 2020 /PRNewswire/ --EchoStar Corporation (NASDAQ: SATS) today announced its financial results for the three and six months ended June30, 2020.

Key Points: 
  • ENGLEWOOD, Colo., Aug.6, 2020 /PRNewswire/ --EchoStar Corporation (NASDAQ: SATS) today announced its financial results for the three and six months ended June30, 2020.
  • Net loss from continuing operations of $14.8 million, consolidated net loss attributable to EchoStar common stock of $11.4 million, and diluted loss per share of $(0.12).
  • Net loss from continuing operations of $72.6 million, consolidated net loss attributable to EchoStar common stock of $65.7 million, and diluted loss per share of $(0.67).
  • Set forth below is a table highlighting certain of EchoStar's segment results three and six months ended June30, 2020 and 2019 (amounts in thousands) from continuing operations (all US GAAP amounts reference results from continuing operations):

EchoStar Corporation Announces Conference Call For Second Quarter 2020 Financial Results

Retrieved on: 
Tuesday, August 4, 2020

ENGLEWOOD,Colo., Aug. 4, 2020 /PRNewswire/ --EchoStarCorporation (NASDAQ:SATS)will host its second quarter 2020 financial results conference call onThursday, August 6, 2020 at11:00a.m.

Key Points: 
  • ENGLEWOOD,Colo., Aug. 4, 2020 /PRNewswire/ --EchoStarCorporation (NASDAQ:SATS)will host its second quarter 2020 financial results conference call onThursday, August 6, 2020 at11:00a.m.
  • The dial in numbers are1-877-815-1625(US)and716-247-5178(International), Conference ID 3563538.
  • EchoStar Corporation (NASDAQ: SATS) is a premier global provider of satellite communication solutions.
  • Headquartered in Englewood, Colo., and conducting business around the globe, EchoStar is a pioneer in secure communications technologies through its Hughes Network Systems and EchoStar Satellite Services business segments.

EchoStar Corporation Announces Conference Call For Second Quarter 2020 Financial Results

Retrieved on: 
Tuesday, August 4, 2020

ENGLEWOOD,Colo., Aug. 4, 2020 /PRNewswire/ --EchoStarCorporation (NASDAQ:SATS)will host its second quarter 2020 financial results conference call onThursday, August 6, 2020 at11:00a.m.

Key Points: 
  • ENGLEWOOD,Colo., Aug. 4, 2020 /PRNewswire/ --EchoStarCorporation (NASDAQ:SATS)will host its second quarter 2020 financial results conference call onThursday, August 6, 2020 at11:00a.m.
  • The dial in numbers are1-877-815-1625(US)and716-247-5178(International), Conference ID 3563538.
  • EchoStar Corporation (NASDAQ: SATS) is a premier global provider of satellite communication solutions.
  • Headquartered in Englewood, Colo., and conducting business around the globe, EchoStar is a pioneer in secure communications technologies through its Hughes Network Systems and EchoStar Satellite Services business segments.

Hughes to Join UK Government and Bharti Enterprises in New OneWeb Consortium

Retrieved on: 
Monday, July 27, 2020

GERMANTOWN, Md., July 27, 2020 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, today announced its participation in the winning consortium, led by the U.K. Government and Bharti Enterprises ("Bharti"), that will acquire OneWeb out of bankruptcy.

Key Points: 
  • GERMANTOWN, Md., July 27, 2020 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, today announced its participation in the winning consortium, led by the U.K. Government and Bharti Enterprises ("Bharti"), that will acquire OneWeb out of bankruptcy.
  • "We are pleased to be part of this winning team, along with the British Government and Bharti," said Pradman Kaul, president, Hughes.
  • Sunil Bharti Mittal, Founder and Chairman, Bharti Enterprises said, "We are delighted to welcome Hughes to the consortium.
  • Through its Hughes Europe division, which is headquartered outside of London, and sister company EchoStar Mobile Limited, Hughes has worked closely with the U.K. Government.

Hughes to Join UK Government and Bharti Enterprises in New OneWeb Consortium

Retrieved on: 
Monday, July 27, 2020

GERMANTOWN, Maryland, July 27, 2020 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, today announced its participation in the winning consortium, led by the U.K. Government and Bharti Enterprises ("Bharti"), that will acquire OneWeb out of bankruptcy.

Key Points: 
  • GERMANTOWN, Maryland, July 27, 2020 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), the global leader in broadband satellite networks and services, today announced its participation in the winning consortium, led by the U.K. Government and Bharti Enterprises ("Bharti"), that will acquire OneWeb out of bankruptcy.
  • "We are pleased to be part of this winning team, along with the British Government and Bharti," said Pradman Kaul, president, Hughes.
  • Sunil Bharti Mittal, Founder and Chairman, Bharti Enterprises said, "We are delighted to welcome Hughes to the consortium.
  • Through its Hughes Europe division, which is headquartered outside of London, and sister company EchoStar Mobile Limited, Hughes has worked closely with the U.K. Government.

Hughes Joins with 4-H to Champion Online STEM Education amid Increased Demand for Virtual Learning

Retrieved on: 
Tuesday, June 16, 2020

GERMANTOWN, Md., June 16, 2020 /PRNewswire/ -- With the increase in remote learning due to the COVID-19 pandemic, demand for online education resources has skyrocketed.

Key Points: 
  • GERMANTOWN, Md., June 16, 2020 /PRNewswire/ -- With the increase in remote learning due to the COVID-19 pandemic, demand for online education resources has skyrocketed.
  • 1 satellite Internet serviceHughesNet,joins with National 4-H Council to empower kids through online access to Science, Technology, Engineering, and Mathematics (STEM) education.
  • From February to March, the 4-H STEM Lab saw a 419 percent increase in traffica reflection of the increased need for online educational content.
  • In 2018, Hughes earned a Peer Award in Corporate Responsibility for innovative hands-on learning resources developed with 4-H, including STEM Lab.

Echostar, Hughes And Intelsat Support FCC's Draft Regulatory Fee Order

Retrieved on: 
Friday, May 8, 2020

ENGLEWOOD,Colo., May 8, 2020 /PRNewswire/ --EchoStarCorporation (NASDAQ:SATS) andits Hughes Network Systems, LLC (HUGHES) business segment join with Intelsat (NYSE: I) today in support of the draft Regulatory Fee Order under consideration by the Federal Communications Commission for its May 13, 2020, Open Meeting.

Key Points: 
  • ENGLEWOOD,Colo., May 8, 2020 /PRNewswire/ --EchoStarCorporation (NASDAQ:SATS) andits Hughes Network Systems, LLC (HUGHES) business segment join with Intelsat (NYSE: I) today in support of the draft Regulatory Fee Order under consideration by the Federal Communications Commission for its May 13, 2020, Open Meeting.
  • Manner, Senior Vice President, Regulatory Affairs, EchoStar/Hughes stated: "The draft Order is extremely important to U.S. satellite operators, including EchoStar/Hughes as well Intelsat, as it rebalances the regulatory fee structure to ensure that foreign satellite operators providing U.S. service, like domestic operators, pay regulatory fees for the work from which they benefit.
  • Susan Crandall, Associate General Counsel, Intelsat US LLC, stated: "The draft Order's conclusion to require foreign-licensed satellite operators to pay regulatory fees is a fair result that treats all satellite operators providing service to the U.S.
  • Together, EchoStar/Hughes and Intelsat support the draft Order and, upon adoption at the upcoming Open Meeting, anticipate a fair outcome that will advance U.S. leadership in space innovation.

EchoStar Announces Financial Results for Three Months Ended March 31, 2020

Retrieved on: 
Thursday, May 7, 2020

ENGLEWOOD, Colo., May7, 2020 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) today announced its financial results for the three months ended March31, 2020.

Key Points: 
  • ENGLEWOOD, Colo., May7, 2020 /PRNewswire/ -- EchoStar Corporation (NASDAQ: SATS) today announced its financial results for the three months ended March31, 2020.
  • Net loss from continuing operations of $57.7 million, consolidated net loss attributable to EchoStar common stock of $54.3 million, and diluted loss per share of $0.56.
  • "As businesses and families everywhere contend with the impact of COVID-19, EchoStar has focused on keeping our customers connected," commented Michael Dugan, CEO and President of EchoStar.
  • Set forth below is a table highlighting certain of EchoStar's segment results three months ended March31, 2020 and 2019 (amounts in thousands) from continuing operations (all US GAAP amounts reference results from continuing operations):

EchoStar Corporation Announces Conference Call For First Quarter 2020 Financial Results

Retrieved on: 
Tuesday, May 5, 2020

ENGLEWOOD,Colo., May 4, 2020 /PRNewswire/ -- EchoStarCorporation (NASDAQ:SATS)will hostitsfirst quarter 2020financialresultsconferencecallonThursday, May 7, 2020 at11:00a.m.

Key Points: 
  • ENGLEWOOD,Colo., May 4, 2020 /PRNewswire/ -- EchoStarCorporation (NASDAQ:SATS)will hostitsfirst quarter 2020financialresultsconferencecallonThursday, May 7, 2020 at11:00a.m.
  • Thedial-in numbersare1-877-815-1625(US)and716-247-5178(International), Conference ID 9193376.
  • EchoStar Corporation (NASDAQ: SATS) is a premier global provider of satellite communication solutions.
  • Headquartered in Englewood, Colo., and conducting business around the globe, EchoStar is a pioneer in secure communications technologies through its Hughes Network Systems and EchoStar Satellite Services business segments.