Dish Network continues to experience subscriber losses in its Dish satellite and Sling TV units as it turns its attention to phone services
By Drew FitzGerald and Dave Sebastian Feb. 19, 2020 7:44 am ET Dish Network Corp. DISH 1.89% lost nearly 200,000 television customers in the fourth quarter as the satellite company laid plans to invest in a still-unfinished wireless phone network.
U.S. customers continued to abandon pay-TV services last year as many viewers switched to on-demand services from Netflix Inc. and new entrants from Apple Inc. and Walt Disney Co. Those services still lack live sports and news but offer viewers more flexible entertainment at lower prices. Overall, Dish reported a fourth-quarter net income of $389 million, compared with $337 million in the same quarter a year earlier. Revenue for the quarter slipped about 2% to $3.24 billion.
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