IP Democracy: Hughes Takes Pride in DirecWay's Quarter Million Mark
While some industry observers yearn for more facilities-based competition in the essentially duopolistic high-speed market, it surely won’t come from the satellite arena. Hughes Network Systems issued a press release today announcing that its DirecWay satellite-based high-speed service, launched in June 2001, has hit the 250,000-subscriber mark.
So, in four years, DirecWay has been able to garner about 60% of the net new broadband subscribers that top cable operator Comcast generated in Q1 05 alone, when Comcast gained 414,000 new high-speed customers to push its total broadband base to 7.4 million. At this rate, if Comcast’s high-speed subscriber base stays flat, DirecWay will catch up with its terrestrial competitor in slightly more than 118 years.
Posted by Cynthia Brumfield on May 31, 2005 2:23 PM to IP Democracy