102,000 Subscribers Leave Dish Network

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102,000 Subscribers Leave Dish Network

Home Theater News Cable-Satellite Receiver-DVR-PVR News

Written by AVRev.com

Wednesday, 04 March 2009

The fourth quarter of 2008 saw 102,000 subscribers leave Dish Networks, the largest loss for the company since its inception. This news led to a 10% drop in Dish’s stock on Monday. This year will likely bring more losses to Dish Network, because of the termination of their partnership with AT&T this past February.

Dish also announced some gains, namely a 1% increase in revenue, bringing them to $2.92 billion. And compared to the net income of $175 million a year ago, their current income of $216.6 million is a respectable jump. Dish Networks currently has 13.68 million subscribers to its services.

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