DISH Reports Sub Loss in 2Q

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DISH Reports Sub Loss in 2Q


DISH Network reported this morning that it lost about 25,000 net subscribers in the second quarter, taking its customer total to 13.79 million at the end of the three-month period.

For comparison, in the first quarter, DISH Network reported that it netted 35,000 customers, for a total of 13.815 million. In second quarter 2007, the company added 170,000 net new subscribers, ending the period with approximately 13.585 million subscribers.

The company said revenue totaled $2.91 billion for second quarter 2008, a 5.6 percent increase when compared to $2.76 billion for the corresponding period in 2007.

Net income for the second quarter was $336 million, compared to $224 million for the corresponding period in 2007.
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