17Aug/110
Dish Loses 135k Pay TV Subscribers
Dish Network, the US’ second largest satco, lost about 135,000 pay TV subscribers during the second quarter, leaving it with about 14.056 million subscribers. Revenue for the three months was $3.59 billion, up 13.3% from a year ago. Dish acquired the assets of the bankrupt Blockbuster in April and has said it intends to use it to build a competitive OTT service. Dish blamed the decline on increased competition especially in the form of price-cutting.
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