DISH Network, the satellite television provider, reported today its 1st quarter of 2024 with subscriber declines in both its core satellite TV service and Sling TV streaming platform. Echostar Dish’s parent company also lost 81,000 wireless customers.
The company lost a total of 348,000 TV subscribers in 1st quarter, leaving it with 8.178 million TV subscribers. Sling TV, DISH’s streaming service, lost roughly 135,000 subscribers. DISH TV also lost 213,000 subscribers. This is an improvement from the same period last year when the company lost 552,000 TV customers.
These losses come as DISH invests heavily in building out its 5G network infrastructure, aiming to become a major competitor in the wireless market currently dominated by companies like AT&T, T-Mobile, and Verizon.
“The EchoStar team performed as planned in the first quarter of 2024. We concentrated efforts on integrating the EchoStar and DISH Network businesses in order to maximize synergies and cost savings, facilitate growth opportunities, and drive operational alignment. Overall, ARPU increased in every business unit and customer satisfaction has improved,” said Hamid Akhavan, president and CEO, EchoStar Corporation. “In addition, the business continues to focus on addressing necessary financing, improving our position in Retail Wireless, densifying and expanding the wireless network, maximizing our profitability with the newly launched EchoStar XXIV/Jupiter™ 3, and acquiring higher-quality Pay-TV customers.”
Please follow us on Facebook and X for more news, tips, and reviews. Need cord-cutting tech support? Join our Cord Cutting Tech Support Facebook Group for help.