Hughes Books Lucrative Recovery Act Broadband Program Contract

Hughes Network Systems (NASDAQ: HUGH) won a $58.7 million to provide high-speed satellite Internet service under The American Recovery and Reinvestment Act of 2009 and administered  by the Department of Agriculture’s Rural Utilities Service (RUS).

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According to the firm, “this award is part of the government’s investments in broadband projects to bring jobs and economic opportunity to communities nationwide. The high-speed Internet infrastructure will help bridge the technological divide in communities that are being left in the 20th century economy and support improvements in education, healthcare, and public safety.”

“We congratulate USDA’s Rural Utilities Service under the leadership of Jonathan Adelstein in recognizing the essential role that satellite plays in bridging the digital divide in America, and are proud to be selected as the primary mover to make our high-speed Internet access available to the millions of unserved consumers and small businesses across the country, ” CEO Pradman Kaul said.

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