A.G. Edwards Opts For Satellite, Shuns Leased Lines


A.G. Edwards & Sons Inc. is in the final stages of contract negotiations with Hughes Network Systems to install a satellite network for distribution of its in-house brokerage information services. The two-way Ku-band network is expected to be pilot tested at seven of Edwards' branch offices in June.

Edwards, which ranks fifth among Securities Industry Association member firms in number of offices with 368, will use the satellite system to link all of its offices with mainframes located in St

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