0
Video

Dish Q1 profit falls on writedowns, bigger subscriber loss

Thursday 7 May 2020 | 13:22 CET | News
US pay-TV operator Dish Network reported a drop in first-quarter net profit to USD 73 million from USD 340 million a year ago, hurt by impairment charges to write down the value of its narrowband IoT network, which it no longer expects to complete, and the D1 and T1 satellites. The company also reported an increase in net subscriber losses to 419,000, as the coronavirus pandemic led to the disconnection of many customers in the hospitality and airline sectors. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite
Companies: Dish Network
Countries: United States
::: add a comment
This article is part of dossier

Coronavirus

,

IoT

,

OTT


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Dish Network revenues, profit advance in Q3, helped by 116,000 pay-TV net additions

Published 06 Nov 2020 13:16 CET | United States
US pay-TV operator Dish Network reported higher results for the third quarter, confirming its recovery from the sharply lower ...

Dish profit rises and subscriber losses slow in Q2

Published 07 Aug 2020 16:09 CET | United States
Of the 250,000 subscribers removed from the company's base in the previous quarter as a temporary move related to covid-19 ...

Dish raises USD 1 billion in debt issue

Published 25 Jun 2020 14:37 CET | United States
Dish Network has raised USD 1 billion in an offering of senior notes due 2028. The bond carries annual interest of 7.375 percent. ...

Dish makes new hires, promotions, with eye on mobile expansion

Published 02 Jun 2020 09:07 CET | United States
US pay-TV operator Dish Network has made a number of executive appointments, with the aim of advancing its mobile future, it ...

Dish picks Mavenir software for OpenRAN

Published 23 Apr 2020 13:27 CET | United States
Dish Network announced a multi-year agreement with Mavenir to use its cloud-native OpenRAN software. Dish is deploying the ...

Dish lays off staff, re-assesses operations amid pandemic

Published 14 Apr 2020 10:31 CET | United States
Dish Network said it has reduced staff numbers amid the coronavirus (covid-19) pandemic, Reuters reported, citing an internal ...

Dish gets top score for in-home service technician satisfaction - study

Published 19 Mar 2020 14:33 CET | United States
Dish Network scored highest for in-home service technician satisfaction, according to a JD Power study conducted in December and ...

Dish lends spectrum to T-Mobile to bolster network capacity

Published 16 Mar 2020 10:03 CET | United States
Dish agreed following a request from FCC to provide its entire portfolio of 600 MHz spectrum to T-Mobile at no cost for 60 days. ...

Dish adds Rouanne, Bye to Wireless executive team

Published 20 Feb 2020 09:05 CET | United States
As Chief Network Officer, Rouanne will oversee the strategy and architecture of the network, its core, and its cloud and edge ...

Dish loses 194,000 pay-TV customers but lifts profits in Q4

Published 19 Feb 2020 13:34 CET | United States
US satellite TV provider Dish Network reported higher profit figures despite customer losses and lower revenues in the fourth ...

Dish plans tender for transport services to support mobile network

Published 23 Jan 2020 15:50 CET | United States
Dish Network announced another tender for services to help build its mobile network in the US. The company will release a Request ...

Dish loses access to Northwest channels in carriage fees dispute

Published 21 Jan 2020 11:47 CET | United States | Update: 22 Jan 2020 09:28 CET
US pay-TV provider Dish Network has lost access to local channels in ten markets, across nine states that are owned by Apollo ...





Calendar   /   Industry Events

27 Nov Axiata Q3 2020
30 Nov Zoom Video Communications Q3 2020
30 Nov NexTV Series MENA
01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec 5G Italy
01 Dec NGON & DCI World
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec GCX fiscal Q2
03 Dec Marvell Technology fiscal Q3
03 Dec Liberty Latin America AGM
::: More Calendar Items