The lacklustre new subs number for EchoStar's Dish (110,00 for the quarter) saw its stock take a pasting on Wall St despite profits being over forecast.

Of particular concern was the churn that rose to 1.94 percent in the quarter from 1.76 percent in the same period a year ago. EchoStar said itself this was in part because of bad credit cut-offs and this in turn was linked to its customer's problems with mortgage payments.

Other posts by :

1. Euro-bank sets up €500m space fund
2. Revenue jump forecast for Eutelsat
3. Moody’s upgrades Eutelsat’s debt rating
4. Rivada Space Networks wins spectrum dispute
5. Will we take an AI bubble bath?
6. Eutelsat shareholders upset over Rights Issue
7. Amazon Leo satellites en route to French Guiana
8. Deutsche Bank reveals targets for AST SpaceMobile
9. AST SpaceMobile boss outlines benefits

Categories: Articles, Broadcast, Pay TV