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Telecom

May 13, 2008

EchoStar swings to 1Q profit, revenue rises 24 pct

“There continue to be customers that potentially need capacity but there's also competitors out there that have capacity”

EchoStar Corp., a satellite service and TV equipment company, said Tuesday it swung to a profit in the first quarter on higher revenue but warned its substantial unused satellite capacity could affect margins. via International Business Times

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