Welcome to our dedicated page for DISH Network Corporation news (Ticker: DISH), a resource for investors and traders seeking the latest updates and insights on DISH Network Corporation stock.
DISH Network Corporation (symbol: DISH) is a leading connectivity company that has been a disruptive force in the industry since 1980. Through its subsidiaries, DISH provides a range of television entertainment and technology solutions to millions of customers across the United States. The company operates two primary services: satellite DISH TV and streaming SLING TV. Additionally, DISH became a nationwide U.S. wireless carrier in 2020 with the acquisition of Boost Mobile, continuing to innovate in the wireless sector by building the nation's first virtualized, O-RAN 5G broadband network.
Recent Achievements and Current Projects:
- In December 2023, DISH was acquired by EchoStar Corporation, making it a wholly owned subsidiary and resulting in DISH's convertible notes being exchanged for EchoStar Class A common stock.
- Boost Infinite expanded its wireless plan offerings, including the introduction of Infinite Access for Galaxy, catering specifically to Samsung Galaxy device users with an annual upgrade option.
- Boost Mobile reintroduced popular devices like the Celero5G and Celero5G+, which boast advanced wireless technology and are compatible with the Boost Wireless Network.
- DISH Wireless received a $50 million grant from the U.S. Department of Commerce's NTIA to establish the Open RAN Center for Integration & Deployment (ORCID), positioning itself as a leader in Open RAN technology.
- DISH continues to expand its Boost Wireless Network, now offering VoNR (5G voice) services to over 200 million Americans, marking significant progress in 5G technology deployment.
Financial Condition and Partnerships:
DISH has consistently driven value for consumers through innovation and strategic partnerships. As a subsidiary of EchoStar, DISH benefits from EchoStar's extensive global connectivity solutions, enhancing its product offerings and market reach. The company's competitive spirit and commitment to high standards have positioned it as a significant player in the connectivity and entertainment sectors.
Products:
- DISH TV: Satellite television service offering a wide range of channels and programming options.
- SLING TV: Streaming service providing live TV, on-demand content, and international programming.
- Boost Mobile: Prepaid wireless service offering affordable plans and a variety of mobile devices.
- Infinite Access: Subscription service providing the latest Samsung Galaxy devices and unlimited wireless service.
- Celero5G: Affordable 5G smartphones with advanced features and compatibility with the Boost Wireless Network.
For more information about DISH Network Corporation and its latest news, visit the company's official website and follow their updates. Stay informed to make confident investment decisions and understand the evolving dynamics of the connectivity and entertainment sectors.
DISH Network reported $4.45 billion in revenue for Q3 2021, down from $4.53 billion in Q3 2020. Net income rose to $557 million from $505 million year-over-year. Diluted earnings per share increased to $0.88, compared to $0.86 in 2020. The company saw a decrease of approximately 13,000 Pay-TV subscribers, bringing the total to 10.98 million, and a net decrease of 121,000 retail wireless subscribers, totaling 8.77 million at quarter-end. Year-to-date revenue reached $13.43 billion, up from $10.94 billion in the prior year.
Boost Mobile, based in Englewood, Colorado, has launched the Celero 5G, a new smartphone available exclusively at its retail locations and selected national retailers. This device is being promoted with a limited-time 50% discount, allowing customers to purchase it for just $139.99, along with a free phone case while supplies last. The Celero 5G features a 6.5-inch screen, four cameras, 36 hours of battery life, and customizable memory. This launch reaffirms Boost Mobile's commitment to providing affordable, high-quality mobile technology to its users.
DISH Network Corp. (NASDAQ: DISH) will host a conference call on November 4, 2021, at noon ET to discuss its third quarter results. Interested participants can access the call using participant numbers (888) 378-4398 and (720) 543-0210, with the passcode 708044. A financial results news release will be issued prior to the call, available on DISH's Investor Relations website. The company has become a competitive force in connectivity, offering services like DISH TV and SLING TV, and recently launched a nationwide 5G network.
DISH Network Corporation (NASDAQ: DISH) is partnering with Helium Inc. to enhance low-cost wireless connectivity through decentralized networks. As the first major carrier utilizing Helium's blockchain incentive model, DISH allows customers to deploy their own 5G hotspots using CBRS spectrum, earning rewards in $HNT tokens. Helium's network has seen rapid growth with over 240,000 hotspots across multiple continents. DISH aims to innovate in wireless technology, building the first virtualized, standalone 5G broadband network and leveraging emerging blockchain capabilities.
DISH filed a complaint with the FCC against Tegna Inc. after it removed local stations from DISH TV subscribers in 53 markets. DISH accused Tegna of engaging in bad faith during retransmission negotiations, demanding fees that could total nearly a billion dollars, including payments for subscribers not currently with DISH. DISH's SVP of Programming, Andy LeCuyer, expressed that Tegna's unreasonable demands negatively impact DISH subscribers and are indicative of worse behavior to come. The complaint aims to address what DISH sees as Tegna's blatant disregard for FCC rules.
DISH Network Corporation has chosen NEXSYS-ONE for cloud-based network deployment solutions to support its nationwide 5G network build. NEXSYS-ONE's platform enhances project, inventory, and financial management, streamlining deployment processes. The partnership aims to accelerate DISH's network implementation, enabling efficient coordination of resources and compliance. This move reinforces DISH's commitment to innovation in wireless services, marking a significant step in the deployment of the first virtualized, O-RAN 5G broadband network in the U.S.
DISH Network Corporation (DISH) has partnered with Spirent Communications to implement autonomous testing for its 5G network core, enhancing performance validation. This initiative supports DISH's strategy to operate a public cloud 5G network, making it the first telecom of its kind. The collaboration with AWS aims to integrate advanced functionalities rapidly, ensuring superior customer experiences through automated testing processes. DISH can leverage Spirent's extensive 5G expertise, ensuring the reliability and scalability of its new cloud-native network.
Tegna Inc. has removed its local stations from nearly 3 million DISH TV customers across 53 markets, citing negotiations over a significant fee increase. DISH's group president, Brian Neylon, criticized Tegna's demands, stating they are leveraging customers for profit. He noted that broadcasters have shifted to charging for local signals, which has grown into a $12 billion industry. Neylon expressed disappointment in Tegna's actions and assured customers that DISH is committed to fighting for a fair agreement.
DISH Network is facing contract expiration with Tegna Inc., which is demanding nearly $1 billion in fees for programming, potentially affecting viewers' access to local channels in 52 U.S. cities. DISH's group president, Brian Neylon, criticized Tegna's demands as unreasonable, asserting that such an increase would directly impact consumers. The current local programming industry has grown to over $12 billion, highlighting the financial stakes involved. DISH aims to negotiate a fair agreement to ensure customers can continue enjoying their local stations, especially during the fall sports season.
DISH Network Corporation's Boost Mobile announced the launch of the Celero5G, a new affordable 5G device set to release this fall. The Celero5G features a 6.52-inch screen, four cameras, and a long-lasting 4,000 mAh battery, making it an attractive option for budget-conscious customers. New and existing users can pre-order the device for $279, which includes 12 months of unlimited talk, text, and data. Boost Mobile aims to empower customers by providing quality mobile services at competitive prices.
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