Directv to offer high-speed internet

Hughes Electronic Corp.’s DirecTV unit plans to offer high-speed satellite Internet service to its television customers by the next quarter. DirecTV, the largest U.S. satellite-television

provider, plans to sell the service, called Direcway, to compete more aggressively with rival fast telephone and cable Internet connections. DirecTV customers will need to buy a new

satellite dish, which will provide both television and Internet service. The Internet service will cost $59.99 to $69.99 a month. The company didn’t disclose the price of the dish. DirecTV

has more than 10 million customers. Hughes shares rose 26 cents to close at $19.61 on the New York Stock Exchange. MORE TO READ