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Stock impact report

Nilesat Selects Hughes JUPITER System to Deliver Satellite Broadband Connectivity in Egypt [Yahoo! Finance]

EchoStar Corporation - Common stock (SATS) 
Last echostar corporation - common stock earnings: 2/20 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.echostar.com/investors
Company Research Source: Yahoo! Finance
GERMANTOWN, Md. March 15, 2024 /PRNewswire/ -- Hughes Network Systems, LLC (HUGHES), an EchoStar company (Nasdaq: SATS), today announced that Nilesat , a leading satellite operator in the MENA region has purchased a Hughes JUPITER™ System Gateway and will use Hughes JUPITER terminals for its Nilesat 301 satellite. The implementation will begin in Q2 and is expected to be complete by the end of Q3 2024. "The Nilesat vision is to be the role model for satellite services in the MENA region," said Major General Sameh Katta , Chairman and CEO Nilesat. "After careful technical and commercial evaluation, we verified that the Hughes JUPITER System provided the efficiency, reliability, flexibility and high performance needed to help us offer the best service delivery to Nilesat subscribers." "The need for internet access is growing in the MENA region, and Hughes is pleased to be working with Nilesat to deliver access to rural areas," said Vaibhav Magow, vice president, Hughes. "Our JUPITE Show less Read more
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