The satellite TV company, led by chairman Charlie Ergen and CEO Erik Carlson, had a decline of 462,000 in the year-ago quarter.
Dish is looking to transform itself from a satellite TV provider in decline to offering a 5G wireless network as part of a broadband wireless business. The company lost 81,000 wireless phone subscribers during the first quarter, against a year-earlier loss 343,000 customers to close the latest quarter with 7.91 million subscribers.
The latest subscriber losses — where Dish’s retail satellite TV business is shedding subscribers at a faster pace than losses for its retail wireless business — had overall revenues falling to $3.96 billion for the first quarter, compared to $4.33 billion in the year ago period. And net income attributable to shareholders fell to $233 million, compared to $433 million for the first quarter of 2022.
Dish Network execs will hold an analyst call to discuss their latest financial results on Monday morning.
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