Organization and Business Activities Principal Business Hughes Satellite Systems Corporation (which, together with its subsidiaries, is referred to as HSS, the Company, we, us and/or our) is a holding company and a subsidiary of EchoStar Corporation (EchoStar). We are a global provider of satellite service operations, video delivery solutions, broadband satellite technologies and broadband services for home and small office customers. We deliver innovative network technologies, managed services, and various communications solutions for enterprise and government customers. In February 2014, HSS and EchoStar entered into agreements with certain subsidiaries of DISH Network Corporation (DISH) pursuant to which, effective March 1, 2014, (i) EchoStar issued Tracking Stock (as defined below) and HSS issued Tracking Stock (as defined below) to subsidiaries of DISH in exchange for five satellites (EchoStar I, EchoStar VII, EchoStar X, EchoStar XI, and EchoStar XIV), including the assumption of related in-orbit incentive obligations, and $11.4 million in cash and (ii) DISH and certain of its subsidiaries began receiving certain satellite services on these five satellites from us (the Satellite and Tracking Stock Transaction). The Tracking Stock tracked the economic performance of the residential retail satellite broadband business of our Hughes segment, including certain operations, assets and liabilities attributed to such business (collectively, the Hughes Retail Group or HRG), and represented an aggregate 80.0% economic interest in HRG (the shares issued as HSS Tracking Stock represented a 28.11% economic interest in the HRG and the shares issued as EchoStar Tracking Stock represented a 51.89% economic interest in the HRG). In addition to the remaining 20.0% economic interest in the HRG, HSS retained all economic interest in the wholesale satellite broadband business and other businesses of HSS. On January 31, 2017, EchoStar and certain of its and our subsidiaries, entered into a Share Exchange Agre