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Very Bad Quarter for Dish Network
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08-09-2011 08:31:42 AM
Here is an excerpt from an article found in the link below:
Dish Network said it will freeze prices through January 2013, partly in response to a larger than expected net subscriber loss in the second quarter.
Dish lost 135,000 net subscribers in the quarter, worse than the analysts' consensus estimate of 31,000 net customer losses in the period. In a statement, Dish CEO Joseph Clayton said the losses were due to greater competitive pressures, including higher levels of discounting.
"As we look forward to the second half of the year, we will focus on commercializing our technology, re-energizing our distribution channels and strengthening our brand image," Clayton said in a statement. "We continue to offer the best value to consumers with the lowest everyday prices, in part by freezing prices through January 2013."
http://www.multichannel.com/article/472205-Dish_To
I find the current announcement of the price freeze rather odd because Dish announced that price freeze back in January along with a current year price increase.
http://forums.att.com/t5/The-U-verse-Lounge/Dish-N









