dishnet
Latest
Dish Network adds 66,000 broadband, 36,000 TV customers in Q1
While Dish Network's $25.5 billion bid for Sprint continues to wave in the breeze, the company has reported its earnings for the first quarter. Net subscriber growth only totaled 36,000 compared to 104,000 in the same period last year, as subscriber churn rose due to a price hike earlier this year. Its profits were lower in Q1 2013 than 2012 partially due to Blockbuster-related drops and a boost received last year from its DBSD purchase. (We're guessing higher content costs for things like AMC didn't help either.) A growing percentage of the 654,000 new customers it added got Hopper DVRs, which also raised costs a bit for the new set-top boxes and all those TV advertisements its been running. Even as it waits to add some terrestrial LTE to its "Seinfeld" wireless data strategy, the dishNET satellite broadband service added 66,000 customers in the quarter, up from from just 6,000 new customers in Q1 2012. We'll have to wait for the earnings call at noon to see if CEO Charlie Ergen has anything else to say about its battle with Softbank to buy Sprint, but all of the data is in the press release and slide below.
Dish Network launches nationwide satellite broadband service with ViaSat, Hughes, calls it dishNET
Dish Network's long-gestating tie-up with ViaSat and Hughes has finally arrived under the name dishNET. Sounding like an implement you'd use to clean dirty dinner plates, the nationwide satellite broadband service launches from October 1st, targeting customers in rural areas that are underserved with fixed line gear. $40 a month gets you 5 Mbps down / 1Mbps up with a 10GB data cap, while subscribers can get a $10 discount if they pick up a TV package at the same time. We asked the company if this was related to the service based upon its spectrum purchases that was hinted at back in August, and it confirmed this is just leveraging ViaSat Exede and HughesNet.
