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Hughes Network Systems, LLC is an American telecommunications company that specializes in providing satellite-based communication services for consumer and enterprise markets. It is headquartered in Germantown, Maryland and provides satellite internet services under the brand HughesNet . [ 4 ]
Its Hughes Network Systems and EchoStar Satellite Services business are operated from its headquarters in Arapahoe County, Colorado. The company also provides television services and mobile services. It is a spin-off of Dish Network, which was founded in 1980 as EchoStar Communications Corporation. This company was founded in 2008 after what is ...
The four joined Boeing Satellite Systems, a company subsidiary, later becoming the Satellite Development Center, part of Boeing Integrated Defense Systems. [7] In 2003 the remaining parts of Hughes Electronics (DirecTV, DirecTV Latin America, PanAmSat, Hughes Network Systems) were purchased by News Corporation from GM and renamed The DirecTV Group.
On April 22, 2005, DirecTV spun off Hughes Network Systems into a separate entity and sold 50% of the new entity to SkyTerra, acquiring $157.4 million in the transaction. [28] In January 2006, DirecTV sold its remaining 50% share in Hughes Network Systems to SkyTerra for $100 million. [29]
Howard Hughes Holdings is a developer of master-planned communities, or MPCs. While that term gets thrown around often by real estate developers, Howard Hughes' MPCs are on the scale of small cities.
The big shareholder groups in Dynacons Systems & Solutions Limited (NSE:DSSL) have power over the company. Institutions often own shares in more established companies, while it's not unusual to ...
In 1997, all of the aerospace and defense businesses of Hughes Electronics (Hughes Aircraft and Delco Systems Operations) merged with defense contractor Raytheon; the Hughes Network Systems portion of Hughes Communications became DirecTV; and the commercial portion of Delco Electronics was transferred to GM's Delphi Automotive business.
Baker Hughes (NYS: BHI) carries $7.5 billion of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.