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Satellite TV Sees First Quarterly Subscriber Loss Ever – Dish loses 25,000 TV customers to economy, competition
4 Aug 2008
Last quarter, Dish network added 170,000 new satellite subscribers. This quarter? Not so much. According to the company’s latest earnings report, the satellite company lost 25,000 video customers, leaving them with 13.79 million subscribers total. It’s notable because this is the first time a U.S. satellite TV operator has ever posted a quarterly subscriber loss. According to an SEC filing by Dish, the losses were caused by “weak economic conditions, aggressive promotional offerings by our competition” and HD competition by rivals.
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1 Response to Satellite TV Sees First Quarterly Subscriber Loss Ever – Dish loses 25,000 TV customers to economy, competition
Dish Network Satellite
August 5th, 2008 at 9:12 am
Here we go!!!