Dish Network Earnings Saved By Massive Subscriptions to Sling TV
Puerto Ricans are pretty big fans of satellite TV: Across the island, there were around 145,000 subscribers choosing Dish Network over DirecTV, for example. And that’s a big were.
Hurricane Maria swept through and decimated the island, particularly the electrical grid, which means that Dish Network lost those subscribers and had to take a big write off. While Dish did get some subscribers on the U.S. mainland, overall it still lost about 130,000 satellite subscribers, and those are some unpleasant numbers to talk about.
However, Dish Network also had some very positive news to share. First, the losses in Puerto Rico weren’t quite as bad analysts feared, …