Even while reporting profits that more than quadrupled in its last quarter, DISH Network (Nasdaq: DISH) admitted that it lost 19,000 subscribers. That number, of course, pales compared to the 265,000 subs who wandered away from Comcast (Nasdaq: CMCSA), but it's a far cry from the 100,000 that DirecTV (Nasdaq: DTV) managed to add and it's indicative that Dish's current campaigns such as "Free HD for Life" aren't living up to expectations.
Overall, the second biggest satellite provider improved sales 9.1 percent to $3.17 billion and reported a net income jump from $63 million to $257 million a year earlier.
Canadian telco Telus (Toronto: T.TO) also reported a second quarter revenue jump of .9 percent--and isn't that cutting it close--to C$2.4 billion. Telus said it increased "total fixed/broadband/wireless customers (in the U.S. they're called revenue generating units) by 86,000 during the period. Fixed network users dropped off slightly (5.4 million to 5.3 million) while wireless customers were up 6.3 million to 6.7 million.
For more:
- see this news release
- and this news release
Related articles:
Comcast Q2: Execs optimistic about year-end completion of NBC-Universal acquisition
DirecTV flies high in 2Q on World Cup soccer sub additions