Hughes Network Systems announced that its very small aperture technology (VSAT) satellite technology has been selected by Euronet for a pan-European network of ATM machines. The HNS VSAT solution offers economic benefits, reliability and flexibility not found in terrestrial-based network alternatives. Euronet’s evaluation process led to the selection of HNS because its VSATs met all of Euronet’s current requirements and offered capabilities for future applications such as broadcast advertising directly to the ATM machines.
“At Euronet, we needed a solution that would enable us to cost-effectively meet our market challenges,” said Dan Henry, Euronet’s chief operating officer. “The HNS VSAT network not only enables us to economically provide reliable 24-hour service, it prepares us to deliver long-range solutions for ATM locations throughout Europe.”
Euronet, which currently operates more than 1,000 ATM machines throughout Europe, the bulk of which are in central Europe, began its search for network technology based on the need for end-to-end network management and increased reliability, as well as the desire to secure fixed costs. Terrestrial-based networks such as ISDN and X.25 could not adequately meet these requirements. Additionally, Euronet needed a system that facilitated quick deployment and relocation of Euronet’s ATMs based on customer usage patterns. Terrestrial lines require a time and cost-intensive process for pre-wiring and circuit provisioning. Implementing a VSAT network ensures that Euronet can redeploy inactive machines or deploy new machines very quickly.
Said Vinod Shukla, vice president and general manager, Satellite Networks Division, HNS, “We’re delighted to have been chosen as Euronet’s supplier for its extensive European ATM network. The inherently broadcast nature of VSATs and combined with our turnkey, shared-hub network management makes it the most cost-effective solution for this type of wide-area network. In addition, our advanced and unique feature set ensures that Euronet can meet its customer demands and expansion goals.”
The HNS VSAT network centers on the company’s Personal Earth Station(TM) (PES(TM)) technology. A PES located at each ATM site will communicate with the network hubs located in Warsaw, Poland and Budapest, Hungary. HNS already has deployed over 500 VSAT sites throughout Europe for Euronet and another 1,500 sites will be completed within two years.
A world leader in satellite products and network systems, HNS has 60 percent of the global VSAT market and has shipped more than 200,000 terminals. Headquartered in Germantown, Md., the company has sales and support offices worldwide. HNS offers network solutions that include a complete line of integrated satellite, enterprise networking products, and fixed and mobile wireless networks. HNS is a unit of Hughes Electronics Corporation and an ISO-9001-certified manufacturer. The earnings of Hughes Electronics are used to calculate the earnings per share attributable to GMH (NYSE symbol) common stock. More information on HNS can be found at [www.hns.com].