Germantown, Md., February 20, 2007-Hughes Network Systems, LLC (HUGHES) today announced that it has been named North American Space & Communications Company of the Year by global growth consulting company, Frost & Sullivan. The prestigious award is presented only to companies that demonstrate and exemplify the criteria set forth by Frost & Sullivan, such as technology innovation, market potential, proof of success, strategic marketing, revenue growth, new market penetration, visibility, and leadership.
"We have seen Hughes continuously exhibit outstanding leadership and execute innovative strategies over the last several years, resulting in significant market growth," said Tim Street, industry analyst, Frost & Sullivan. "Hughes' transition to managed services has allowed them to add enormous value to both existing and potential customers by fully maximizing the potential of different broadband technologies."
"Frost & Sullivan is one of the industry's leading growth consulting companies and we are honored to be selected for this prestigious award," said Pradman Kaul, Chairman and CEO of Hughes. "Innovation, technological advancement, and strategic market penetration are core strengths of Hughes. We greatly appreciate being recognized within the industry as the Company of the Year."
Since introducing the first Ku-band VSAT (very small aperture terminal) network over 20 years ago, Hughes has been leading the way in technological advances and innovative service offerings. Its HughesNet® brand integrates both terrestrial and satellite broadband solutions into a fully managed service, offering its enterprise customers reliable broadband solutions and market-leading hybrid technology all from a single service provider.
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit www.awards.frost.com.
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