Satellite TV provider Dish Network said Wednesday net pay-TV subscribers dropped by 194,000 in the fourth quarter to about 12 million, including 9.4 million for DISH TV subs and 2.59 million for Sl…
The shares were up 1.72% in pre-market trade, after notching gains of 3.3% on Tuesday.
The company is holding a conference call with investor at noon to discuss the numbers. Pay TV earnings help Wall Street and the industry determine how and how quickly subscribers are migrating from traditional programming bundles. Dish is in a particularly interesting moment as it is poised to enter themarket with a nationwide consumer offering and standalone 5G broadband network following the merger of T-Mobile and Sprint.
Other big pay-TV companies like Comcast, Charter and Altice USA have also launched wireless operations in a move to diversify revenue sources.
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