HNS Goes Shopping
By Staff Writer | June 16, 2003
Hughes Network Systems (HNS), a Germantown, Md.-based satellite broadband unit of Hughes Electronics Corp. [NYSE: GMH], has launched a new satellite broadband program that will enable tenants of shopping centers and enclosed malls access to its DirecWay broadband service.
Simon Business Network, the business-to-business division of Simon Property Group [NYSE: SPG], has entered into an agreement with HNS as the first shopping center developer in the new program.
Under the program, HNS will provide one terminal per customer, allowing HNS to offer its DirecWay services at a price closer to what non-mall based retailers are paying.