Tuesday, May 12, 2009

DISH Loses Subs

Echostar owns DISH Network. DISH lost its distro deal with BellSouth which is affecting its subscriber counts. "Dish Network reported a net loss of 94,000 subscribers during the quarter, leaving it with 13.6 million. The service has shed subscribers each of the last four quarters." [BizJournal] DirecTV has 18.1M subs.

The key number for me is that DISH has "..reduced the average cost of acquiring a new subscriber to $659 from $709 a year earlier."

At $40 per month, its along time to get $700 back!

DISH had "revenue of $2.91 billion in Q1, up 2.1 percent," and "earnings of $312.7 million."

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