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Home > Company Index > Telecommunications > Cable TV & Satellite Systems > Hughes Electronics Corporation
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Hughes Electronics Corporation |
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NEWS FROM THE WIRES |
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DirecTV to cut staff, backs '01 guidance Aug 23 2001 03:49 PM PDT
Qwest to provide last-mile DSL for DirecTV Aug 23 2001 02:17 PM PDT
WRAPUP 2-Latam markets weak on Fed comments, Argentina fears Aug 21 2001 04:35 PM PDT
DirecTV says to lay off 10 pct of Brazil staff Aug 21 2001 04:34 PM PDT
Crown expands Hallmark reach in deal with DirecTV Aug 21 2001 11:37 AM PDT
> More WIRE STORIES about this company
NEWS FROM THE STANDARD |
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News Corp. Results Fall, Fox Television Unit Weak
Aug 16 2001 06:15 AM PDT
GM: EchoStar's Hughes Bid Is Serious
Aug 08 2001 08:19 AM PDT
EchoStar Pursues Hughes Again
Aug 06 2001 04:11 PM PDT
Rumors of a Chip War
Aug 06 2001 09:08 AM PDT
Murdoch, Microsoft and the Satellite Saga
Aug 06 2001 08:09 AM PDT
PROFILE |
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Hughes' new direction is DIRECTV. The space and wireless communications unit of automaker General Motors, Hughes Electronics has sold its satellite manufacturing business to Boeing and is focusing on communications services. These include DIRECTV, the largest US satellite TV broadcaster; the 21-satellite network PanAmSat (81%-owned); and the company's Hughes Network Systems subsidiary, which supplies wireless business networks and telecommunications equipment and is developing Spaceway, a network that will offer global broadband access. GM, which owns all of the company's assets and holds about 30% of its tracking stock, plans to sell all or part of Hughes.
COMPETITION |
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AT&T Broadband (dossier)
Comcast Corporation (CMCSK)
EchoStar Communications Corporation (DISH)
DEALS |
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Deal: Hughes Electronics Buys Telocity
Date Announced: 12.21.00
Value of transaction (US $Mil): 180
Description: GM-owned satellite TV company acquires DSL provider in an all-cash deal.
> Search all deals for this company
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 7,287.60
1-Yr. Sales Growth: 31.1%
Employees: 9,000
Revenue per employee: $809,733.33
KEY PEOPLE |
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Jack A. Shaw
CEO
Michael J. Gaines
CFO
CONTACT INFO |
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200 N. Sepulveda Blvd.
El Segundo, CA 90245
US
Phone: 310-364-6600
Fax: -
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
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