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.
Boost Mobile has launched a limited-time offer with plans starting at $10 per month, providing unlimited talk, text, and 2GB of high-speed data. For an additional $5, customers can access 4GB of data. These plans aim to save users more than $500 annually, targeting the 30% of Americans who use less than 5GB monthly. Stephen Stokols, Boost Mobile’s head, emphasizes that these plans deliver exceptional value, helping consumers reduce monthly expenses.
Boost Mobile has expanded its 5G lineup with the launch of the Samsung Galaxy S20 Fan Edition (FE) 5G, priced at $699.99. Customers switching to Boost Mobile can purchase it for $649.99. The device features a 6.5-inch AMOLED screen, 32MP front camera and triple rear cameras, and boasts a 4500 mAh battery. Boost Mobile plans start at $50 per month, offering unlimited data and coverage on T-Mobile's upgraded network. This move reinforces DISH's commitment to improving its wireless service offerings and expanding customer access.
DISH (NASDAQ: DISH) has partnered with Blue Planet to enhance its 5G wireless network through advanced inventory and service order management software. This collaboration aims to automate operations, ensuring efficiency and real-time management of network orders. Marc Rouanne, DISH's EVP, highlighted the significance of Blue Planet's software in enabling rapid service deployment for customers. The integration promises reduced operational costs and improved customer satisfaction, crucial for the successful rollout of DISH's cloud-native, OpenRAN-based 5G network.
DISH has been recognized as #1 in 'Overall Customer Satisfaction' by J.D. Power for the third consecutive year, a testament to its commitment to exceeding customer expectations. The company topped four key study factors: 'Performance and Reliability,' 'Cost of Service,' 'Billing and Payment,' and 'Customer Service.' DISH's advancements in technology include features like Google Assistant integration and a robust on-demand library with over 80,000 titles. CEO Erik Carlson emphasized the importance of customer feedback in achieving this accolade.
SLING TV has launched a new beta feature called SLING Watch Party that allows users to connect via video and chat while streaming content. This innovative feature is the first of its kind in the live television industry, promoting social interaction among viewers. Customers can invite up to three friends to join the experience and have control over individual audio and visual settings. Available on Google Chrome, the feature will be in beta until September 30, 2020. SLING TV continues to offer a broad range of channels and services, enhancing their competitive edge in the streaming market.
DISH Network Corporation announced the appointment of Stephen Stokols, founder and former CEO of FreedomPop, as the executive vice president of Boost Mobile on Sept. 22, 2020. Stokols will oversee sales, marketing, and operations, aiming to enhance consumer value and innovation in wireless services. His previous achievements include driving $1 billion in revenue at British Telecom and delivering free data to millions via FreedomPop. DISH, a connectivity company, continues to innovate in the wireless sector after acquiring Boost Mobile in 2020.
Boost Mobile has launched the Coolpad Legacy Brisa, a smartphone available for free with a switch to Boost Mobile or for $79.99 for new customers. The phone features a 6.53-inch FHD+ display, 16 MP dual rear cameras, and a 4,000 mAh battery. Highlights include HDR audio, THX Spatial Audio, and Qualcomm Snapdragon 665 chipset. Boost Mobile also introduced the $hrink-It! plan starting at $45/month, reducing rates after timely payments. New customers activate on T-Mobile's network, offering improved coverage and speeds.
DISH Network Corporation and NFL Media have finalized a multi-year carriage agreement for NFL Network and NFL RedZone, effective as of September 13, 2020. The agreement ensures that DISH TV and SLING TV subscribers can access both channels in time for the 2020 NFL season. NFL Network features year-round coverage, including live games and popular studio shows, while NFL RedZone delivers live updates and highlights from Sunday games. This partnership aims to enhance the viewing experience for NFL fans and reaffirms DISH's commitment to providing valuable entertainment options.
Boost Mobile, a subsidiary of DISH, launched five new wireless plans priced under $50 monthly, enhancing consumer options in prepaid wireless. These plans offer unlimited talk and text, various high-speed data options, and the innovative $hrink-It! plan, rewarding loyal customers with rate reductions. Customers can activate the plans using existing devices or new purchases, benefiting from the T-Mobile network. Boost's offerings emphasize flexibility and affordability, catering to diverse budget needs.
DISH Network Corporation (NASDAQ: DISH) reported $3.19 billion in revenue for Q2 2020, slightly down from $3.21 billion in Q2 2019. The net income was $452 million, up from $317 million year-over-year, resulting in diluted EPS of $0.78 compared to $0.60 in 2019. However, DISH TV net subscribers fell by approximately 40,000, with an overall net decrease in SLING TV subscribers by 56,000 during the same period. The pandemic impacted commercial accounts significantly, leading to temporary rate relief for about 250,000 accounts.
FAQ
What is the market cap of DISH Network Corporation (DISH)?
What services does DISH Network Corporation provide?
What was the recent major change involving DISH Network?
What is Boost Infinite's new offering?
What is the Open RAN Center for Integration & Deployment (ORCID)?
How extensive is the Boost Wireless Network's coverage?
What products does Boost Mobile offer?
What is DISH Network's approach to 5G technology?
How does the acquisition by EchoStar benefit DISH Network?
Who are the key partners in the ORCID project?
Where can I find more information about DISH Network Corporation's developments?
