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Hughes Software issues business outlook

Saturday, October 12, 2002

According to Mr. Kumar of Hughes Software Systems Ltd (HSS), the Company has already implemented several measures to diversify revenues and have cost structure more commensurate with revenues. Its strategy to aggressively grow existing relationships in the OEM/TSP segments is showing progress. The company expects that the HSS strategy of diversifying into new verticals will show the desired results in the medium to long term. The broadened offerings will help HSS de-risk its business and reduce dependence on the telecom vertical.




Last updated : February 2, 2004

 

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