Hughes Files Chapter 11 to Reshape Capital Structure and Pivot to Enterprise, Government, and Defense Markets
Hughes Satellite Systems and certain U.S. subsidiaries filed voluntary Chapter 11 petitions to reorganize debt, strengthen its capital structure, and accelerate a shift toward an enterprise, government, and defense focus while continuing to serve customers; EchoStar and Hughes’ international subsidiaries are not part of the filing, and the company intends to seek ordinary-course court approvals and engage creditors to develop a go-forward plan.