Summary Box: Dish Network adds subscribers in fourth quarter as cable TV sees losses
By APMonday, March 1, 2010
Summary Box: Dish Network adds subscribers in 4Q
CUSTOMERS LIKE DISCOUNTS: Dish added 249,000 net subscribers in the quarter, thanks to aggressive promotions.
WHY INVESTORS CARE: It’s the third consecutive quarter in which Dish has added customers, following a string of subscriber losses. That means Dish’s turnaround may stick.
COMPARING TO CABLE: Dish is adding customers as cable TV is losing video subscribers. In the fourth quarter, Comcast lost 200,000, Time Warner Cable gave up 105,000 and Cablevision decreased by 2,800.
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