Hughes Comm. (HUGH) To Benefit From Increased Wi-Fi Penetration, Says Barrons

Hughes Comm.(NASDAQ: HUGH) has a huge growth potential as more and more airlines are getting equipped with on-board Wi-Fi.

According to a Barrons’ report, James Ratcliffe, a Barclays Capital (ADR) (NYSE: BCS) analyst at New York, has been stated as saying that Hughes is likely to benefit from the airlines’ growing initiative to provide satellite enabled services such as e-mails and internet. Hughes Comm. is a leading supplier of satellite communication equipment through a subsidiary. It also provides satellite communication technology solutions. Hughes Comm. charges a monthly fee for providing these equipments and technology.