US satellite pay-TV broadcaster Dish Network has reported revenue totaling $3.68 billion (€3.37bn) for the quarter ending March 31st 2017, compared to $3.83 billion for the corresponding period in 2016. Subscriber-related revenue for the quarter totaled $3.64 billion, compared to $3.78 billion in subscriber-related revenue for the year-ago period.
DISH includes all of its Sling TV subscribers in the company’s total pay-TV metrics, including in the pay-TV subscriber, pay-TV ARPU and pay-TV churn rate numbers set forth below. Sling TV subscribers are reported net of disconnects in our gross new pay-TV subscriber activations.
In the first quarter, DISH activated approximately 547,000 gross new pay-TV subscribers, compared to approximately 657,000 gross new Pay-TV subscribers in the prior year’s first quarter. Net Pay-TV subscribers declined approximately 143,000 in the first quarter, compared to a decline of approximately 23,000 in the first quarter 2016.
The company closed the first quarter with 13.528 million pay-TV subscribers, compared to 13.874 million pay-TV subscribers at the end of first quarter 2016.
Pay-TV ARPU for the first quarter totaled $86.55, compared to the year-ago period’s pay-TV ARPU of $87.94. Pay-TV subscriber churn rate was 1.69 per cent versus 1.63 per cent for first quarter 2016.
DISH lost approximately 25,000 net broadband subscribers in the first quarter, bringing its broadband subscriber base to approximately 555,000.