WASHINGTON, May 7, 2019 /PRNewswire/ -- SATELLITE 2019,
Booth 1100 -- Hughes Communications India Ltd., (HCIL), a
majority-owned subsidiary of Hughes Network Systems, LLC (HUGHES),
the world's leading provider of broadband satellite networks and
services, and Bharti Airtel Limited ("Airtel"), India's leading telecommunications services
provider, today announced an agreement to combine their Very Small
Aperture Terminal (VSAT) operations in India.
The combined entity will bring greater scale, operational
efficiencies and market reach to serve India with secure and reliable broadband
satellite and hybrid solutions for enterprise and government
networks. Hughes and its subsidiaries will maintain majority
ownership in HCIL, the surviving entity, and Airtel will have a
significant shareholding.
"In India today, satellite is an important layer in the
enterprise networks across all kinds of industries – from retail to
petroleum to banking to military," said Partho Banerjee, president and managing
director, HCIL. "Together with Airtel, HCIL will expand our VSAT
and terrestrial operations to serve the growing demand for always
on, always available network connectivity across the country."
Ajay Chitkara, director and chief
executive officer, Airtel Business, said: "We are pleased to
combine our VSAT operations with Hughes to serve the connectivity
needs of Digital India. Combining the proven capabilities of both
companies, the partnership will bring synergies to the forefront
for the benefit of customers across the length and breadth of
India."
The largest satellite service operator in India, HCIL provides broadband networking
technologies, solutions and services for businesses and
governments. Airtel is a significant
VSAT service provider in India,
offering satellite connectivity to unreachable terrains and helping
businesses supplement their terrestrial networks with satellite for
primary and backup connectivity.
The combined entity will be positioned to introduce new VSAT and
related technologies to deliver a wide range of quality products and services. HCIL will
continue to serve existing HCIL and Airtel customers while focusing
on serving the growing networking needs of enterprise and
government customers in India.
Completion of the transaction is subject to customary regulatory
approvals and closing conditions.
Hughes at SATELLITE 2019: Connecting People, Enterprises and
Things
Hughes will exhibit at SATELLITE 2019 on May 6-9 at the Walter E. Washington Convention
Center in Washington, D.C.,
showcasing how consumers, businesses, governments and communities
around the world benefit from the connected experiences enabled by
Hughes technologies and services, today…and tomorrow. See Hughes executives at SATELLITE 2019 for
unique perspective on connecting people, enterprises and things –
including GEO HTS and LEO systems; community Wi-Fi and cellular
backhaul solutions; M2M, AI and IoT networks; aero and maritime
connectivity; MilSatCom and more. For further information, please
visit www.hughes.com/sat19.
About Bharti Airtel
Bharti Airtel Limited is a
leading global telecommunications company with operations in 18
countries across Asia and
Africa. Headquartered in
New Delhi, India, the company
ranks amongst the top 3 mobile service providers globally in terms
of subscribers. In India, the
company's product offerings include 2G, 3G and 4G wireless
services, mobile commerce, fixed line services, high speed home
broadband, DTH, enterprise services including national &
international long distance services to carriers. In the rest of
the geographies, it offers 2G, 3G, 4G wireless services and mobile
commerce. Bharti Airtel had over 403 million customers across its
operations at the end of December
2018. To know more please visit, www.airtel.com.
About Hughes Communications India
HCIL is a majority
owned subsidiary of Hughes Network Systems, LLC (HUGHES), the
leading global provider of broadband satellite networks and
services. HCIL is the largest satellite service operator in
India providing a comprehensive
range of broadband networking technologies, solutions, and services
for businesses and governments, including Managed Services to meet
every communications challenge. More information is available at
www.hughes.in.
About Hughes Network Systems
Hughes Network Systems,
LLC (HUGHES) is the global leader in broadband satellite technology
and services for home and office. Its flagship high-speed satellite
Internet service is HughesNet®, the world's largest
satellite network with over 1.3 million residential and business
customers across the Americas. For large enterprises and
governments, the company's HughesON™ managed network services
provide complete connectivity solutions employing an optimized mix
of satellite and terrestrial technologies. The JUPITER™ System is
the world's most widely deployed High-Throughput Satellite (HTS)
platform, operating on more than 20 satellites by leading service
providers, delivering a wide range of broadband enterprise,
mobility and cellular backhaul applications. To date, Hughes has
shipped more than 7 million terminals of all types to customers in
over 100 countries, representing approximately 50 percent market
share, and its technology is powering broadband services to
aircraft around the world.
Headquartered outside Washington,
D.C., in Germantown,
Maryland, USA, Hughes operates sales and support offices
worldwide, and is a wholly owned subsidiary of EchoStar Corporation
(NASDAQ: SATS), a premier global provider of satellite operations.
For additional information about Hughes, please
visit www.hughes.com and
follow @HughesConnects on Twitter.
About EchoStar
EchoStar Corporation (NASDAQ: SATS) is
a premier global provider of satellite communication solutions.
Headquartered in Englewood, Colo.,
and conducting business around the globe, EchoStar is a pioneer in
secure communications technologies through its Hughes Network
Systems and EchoStar Satellite Services business segments. For more
information, visit echostar.com. Follow @EchoStar on
Twitter.
©2019 Hughes Network Systems, LLC, an EchoStar company. Hughes
and HughesNet are registered trademarks and JUPITER is a trademark
of Hughes Network Systems, LLC.
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