Hughes Revenue Growth Seen, Aided by Broadband, S&P Says

Hughes Satellite revenue likely will rise by a mid- to high-single digit percentage in the next few years, driven by its satellite broadband segment, said Standard & Poor's Wednesday, raising the company's credit rating to BB- from B+. The rating might be cut if the satellite broadband business weakens over the next year, such as through increased customer churn or adding fewer subscribers.