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Technology Stocks : Hughes Electronics (GMH)

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To: Lee L. who wrote (262)2/26/2002 4:25:30 PM
From: Lee L.   of 277
 
It looks like Charlie is turning-up the PR on why the merger makes sense. These are compelling arguments...

dailynews.yahoo.com

In a joint application filed with the Federal Communications Commission (news - web sites) (FCC (news - web sites)) late Monday, the two companies outlined a "Local Channels, All Americans" plan. If accepted, the merged company would reach every consumer in the continental U.S., Alaska and Hawaii by offering access to satellite-delivered local television signals in all 210 designated market areas (DMAs).... "This merger is all about more choice, not less, for broadband Internet access and local TV," Charles Ergen, chairman and CEO of EchoStar, told reporters in a conference call. "It is good for the consumers and it is good for us."....
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