Dish Loses 281,000 Subs In 2Q
By Phillip Swann
Washington, D.C. (July 21, 2016) - Dish today reported that it lost a net of 281,000 subscribers in the second quarter, compared to a net loss of 81,000 subs in last year's second quarter.
The satcaster reported the significant decline in subscribers although its overall numbers included people who signed up for its Net TV service, Sling TV. (Dish did not reveal how many people signed up for Sling in the second quarter.)
Dish also lost a net of 23,000 subscribers in the first quarter, compared to a gain of 35,000 subscribers in the 2015 first quarter.
Despite the sub losses, the nation's second largest satellite TV service reported second quarter earnings of $3.84 billion, which was slightly higher than last year's second quarter when it earned 3.83 billion. The stable earnings was attributed to a higher average monthly customer bill, $89.98 in this year's second quarter compared to $87.91 in last year's second quarter.
Dish's statement this morning blamed the subscriber losses on everything from increased competition to discounted promotional offers to cord-cutting.
However, Dish has experienced steady subscriber declines in the last year or so while some providers, particularly cable TV services, have begun posting gains. DIRECTV, Dish's main satellite rival, which is expected to reveal its second quarter numbers later today, has also reported subscriber gains of late.
Dish has been hurt by recurring programming disputes, which often leave its customers without popular channels for periods of time, as well as arguably fewer resources than some competitors such as DIRECTV, which is owned by AT&T.
Dish now has roughly 13.6 million subscribers in total.
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