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Dish Network suffers worst-ever quarterly subscriber losses

Dish Network logged its worst-ever quarterly loss of subscribers amid the coronavirus crisis, shedding 413,000 total pay-TV customers in the first quarter of the year. The satellite TV giant closed the first quarter with 11.3 million pay-TV subscribers, down ‭6 percent over last year. That included a sequential decline of about 132,000 satellite subs to 9 million. It also recorded a net loss of 281,000 Sling TV subscribers, marking the acceleration of the streaming service’s erosion from the fourth-quarter of 2019. Charlier Ergen’s Dish has been steadily losing subscribers, as consumers are cutting back on pay-TV services and opting to stream content instead, but the company blamed the pandemic on the unusually steep declines. ...
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