Hughes reduces broadband subscriber loss thanks to Jupiter 3, but investor attention is riveted on EchoStar’s liquidity crisis

LA PLATA, Maryland — EchoStar Corp.’s Hughes satellite tv for pc enterprise reported 978,000 subscribers as of March 31, down 26,000 from Dec. 31— the  lowest quarterly decline in additional than two years that Hughes mentioned was a direct results of the brand new capability provided by the Jupiter 3 satellite tv for pc.

Jupiter 3 entered service in geostationary orbit in December, permitting Hughes to supply clients higher-speed connections to compete with rivals together with SpaceX Starlink.

Hughes expects that Jupiter 3 will sluggish the multi-year . . .

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