EchoStar and its spin-off Dish Network declared their half-yearly results with profits down but subscription numbers up.

EchoStar Corp, which operates the satellites more than doubled its profits in Q2 earning $101.8m (against $47.8m the same period last year). But the company's revenues fell 21% to $383m from $483.3m. The company blamed lower set-top box sales.

Meanwhile, on the pay-TV side the Dish Network gained 26,000 net new subscribers, the first rise in five quarters, helped by the June 2009 analogue switch-off of network broadcasting in the USA. Dish ended the half with 13.6m subs, down 1.3% on a year ago.

…………..

Other posts by :

1. Rakuten makes historic satellite video call
2. Rocket Lab confirms D2C ambitions
3. Turkey establishes satellite production ecosystem
4. Italy joins Germany in IRIS2 alternate thoughts
5. Kazakhstan to create museum at Yuri Gagarin launch site
6. AST SpaceMobile gets $42 or $1500 price target
7. Analyst: GEO bloodbath taking place
8. SES AGM results: Appaloosa still objecting
9. SpaceX’s Shotwell worth $1.2bn

Categories: Articles, Broadcast, DTH/Satellite