Hughes Files Chapter 11 Voluntary Reorganization to Strengthen Capital Structure and Evolve Business to Meet Market Demand

Hughes Satellite Systems Corporation announced that it and certain of its U.S. subsidiaries, including Hughes Network Systems, LLC, have filed voluntary Chapter 11 petitions in the Bankruptcy Court for the Southern District of Texas, Houston Division, to facilitate a financial and operational reorganization. This reorganization will allow the Company to address its maturing secured and unsecured debt, strengthen its capital structure, and accelerate its ongoing transformation into an enterprise, government, and defense-focused business—all while continuing to serve its customers. EchoStar Corporation and Hughes’ international subsidiaries are not included in the chapter 11 proceedings. Hughes’ chapter 11 filing has no impact on EchoStar’s other operations, employees, or brands, including DISH TV, Sling TV, and Boost Mobile.