Established Fleet Operators Might Make Play for Hughes

摘要

Established satellite-fleet operators Inmarsat, Intelsat and EchoStar have signaled interest in bidding for the 57 percent stake of satellite broadband provider Hughes Communications that is being put up for sale by its owner, private-equity investor Apollo, industry officials said. Regardless of whether these companies will pursue their interest into an auction likely to feature competing bids by several private-equity investors, even an initial interest by them suggests how far Ka-band satellite broadband has come in terms of market acceptance.