SpaceCNETabout 2 hours ago
Hughesnet Files Chapter 11 After Starlink Subscriber Losses
1 min read
Hughesnet filed for Chapter 11 bankruptcy, citing competition from Starlink. Subscribers fell from 1.56 million to 641,000. Starlink's low Earth orbit satellites offer faster speeds and lower latency than Hughesnet's geostationary ones. Parent EchoStar faces $1.5 billion in debt maturing in August.
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