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DISH pay-TV subs down, broadband subs up

DISH Network has reported revenue totaling $3.79 billion (3.33bn) for the quarter ending March 31st 2016, compared to $3.72 billion for the corresponding period in 2015. Subscriber-related revenue for the US satellite pay-TV broadcaster increased to $3.78 billion from $3.7 billion in the year-ago period.

In the first quarter, DISH activated approximately 657,000 gross new pay-TV subscribers, compared to approximately 723,000 gross new pay-TV subscribers in the prior year’s first quarter. Net pay-TV subscribers declined approximately 23,000 in the first quarter, compared to a gain of approximately 35,000 in the first quarter 2015.

The company closed the first quarter with 13.874 million pay-TV subscribers.

DISH added approximately 5,000 net broadband subscribers in the first quarter, bringing its broadband subscriber base to approximately 628,000.

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