DISH Network sees Q4 profit grow 24%, still sheds over 100,000 subscribers
Unlike DirecTV, which managed to post remarkable Q4 numbers across the board, DISH Network is only able to partially celebrate. You see, the satcaster did see profits in the fourth quarter rise some 24 percent, but at the same time, 102,000 (net) subscribers decided to head elsewhere. A recent report on the matter suggests that DISH is hurting from increased competition from main rival DirecTV, not to mention fiber-based entrants such as AT&T and Verizon. Of course, the general economic environment hasn't exactly helped matters, but DISH's smaller amount of high-def channels seems to be a magnified issue when money's tight. Oh, and if DirecTV is somehow able to integrate Sirius service into its pay-TV offering, we'd say DISH will need to think fast if it hopes to stop the bleeding of customers. Speaking of, have any of you recently jumped from DISH to DirecTV? Vice-versa?
[Image courtesy of PropertyWorld]
