|
|
 |
|
February 9, 2010 |
|
|
|
|
| |
|
|
| November 09, 2009 |
By: The Associated Press |
|
ish Network Corp. said Monday third-quarter profit fell 12 percent as its subscriber base edged up.
The second-largest satellite TV provider in the U.S. says profit totaled $92 million, down from $81 million a year ago.
Revenue for the three months ended Sept. 30 edged down nearly 2 percent to $2.89 billion from $2.94 billion last year.
Dish says it gained about 241,000 net subscribers, up nearly 2 percent to 13.9 million.
Separately, the company, in Englewood, Colo., issued a one-time dividend of $2, payable Dec. 2 to shareholders of record on Nov. 20.
Dish is widely regarded as one of the weaker players in the pay-TV industry, which encompasses cable, satellite TV and phone companies that provide TV services. Dish focuses on being the low-cost provider, but that strategy hasn’t led to growth amid cable and phone company discounts on their triple-play bundles of phone, Internet and cable TV.
|
Search the archive for more stories.
|
|
|
 |
|
lawjobs Featured Ad
Foreclosure Litigation Attorney Boca Raton office of expanding firm seeks an Experienced Litigator w/ min. 3 yrs. exp. Excellent salary and benefits package.
E-mail scleary@
logs.com |
|
|
|
|
|
|
