HNS Weighs Purchase of New Broadband Satellite

摘要

Satellite broadband services provider Hughes Network Systems LLC, which expects to begin commercial service on its all-Ka-band Spaceway 3 satellite in April, said it will approach the new owners of satellite-television provider DirecTV Group in hopes of purchasing one of DirecTV's two Spaceway satellites, Hughes officials said. In a March 3 conference call with investors, Germantown, Md.-based Hughes officials said they intended to use a planned $300 million equity or debt offering to purchase the DirecTV satellite, or to buy a new broadband satellite on their own.