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  • Hughes Mulls Future of DirecWay (More Satellite Broadband Internet Trouble)

    12/12/2002 9:39:45 PM PST · by HAL9000 · 5 replies · 772+ views
    InternetNews.com ^ | December 12, 2002 | Mark Berniker
    In the aftermath of its failed merger with Echostar, Hughes Electronics says it is looking to get out of its DirecWay satellite Internet service. "Satellite delivered Internet is a costly business model and we would only be able to continue in this business if the merger had gone through," said George Jamison, Hughes spokesman. He noted that DirecWay "loses money," and that while strategic decisions concerning the future of the DirecWay service have not been made, they "will in the not-so-distant future." "The challenge for DirecWay is the upfront hardware costs and the monthly service charges make it tough...