Despite all the concerns about competition, I can't see who wouldn't like these results.
To buy someone like the Weather Channel, a company is going to have to pay a high price,
Across the board, in terms of customer growth, they beat all of our numbers. Financially, they were strong.
I'd rather cede market share at $40 per month, than increase market share at $30 or less.
Not only does Hughes benefit from this transaction by making it more focused on its faster growth lines of business, but it sheds the company's riskiest line of business.
I thought the results were pretty good. They were (generally) in line with our expectations, with cable outperforming our estimates on all fronts.
