Dish
said it lost about 143,0000 net pay-TV subscribers in the
quarter, compared with a loss of 23,000 a year earlier. Analysts
had estimated a loss of 72,000 subscribers, according to
financial data and analytics firm FactSet.
The company's pay-TV subscriptions include both satellite as
well as Sling TV, which was introduced in 2015 to counter the
threat of cord cutting due to the rising popularity of online
streaming services such as Netflix Inc.
Net income attributable to Dish fell to $376 million, or 76
cents per share, in the three months ended March 31, from $400
million, or 86 cents per share, a year earlier.
Revenue fell 3.9 pct to $3.68 billion from $3.83 billion.
Up to Friday's close, shares of Dish have risen 26.85 percent in
the last 12 months.
(Reporting by Amy Caren Daniel and Laharee Chatterjee in
Bengaluru; Editing by Anil D'Silva)
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