DISH Network Corp.
) reported weak financial results for the second-quarter 2012, way
behind the Zacks Consensus Estimates. However, the company
significantly reduced its net subscriber loss figure buoyed by
lower churn rate.
The new movies streaming services that DISH Network started
after its acquisition of Blockbuster movie chain, better overall
pay-TV services, and increased customer loyalty helped the company
to outpace its closest rival
) and several cable TV operators in terms of net subscriber
DISH Network is continuously improving its technically superior
hardware, the latest of which is a HD DVR set. This new device will
enable subscribers to automatically skip all advertisements for
prime time TV programs. Meanwhile, the company suffered a major
blow as FCC delayed its decision to grant the company a waiver to
establish wireless broadband network. We reiterate our Neutral
recommendation on DISH Network.
DISH Network has formed collaboration with
) to develop dual core 3G/4G LTE chipset that can support
satellite-based data communications. DISH Network is currently
waiting for the FCC nod to launch a nationwide high-speed wireless
broadband network to offer mobile Internet and phone services to
its customers using its newly acquired satellite airwaves.
Qualcomm's innovative Snapdragon S4 MSM8960 chipset enables
wireless devices to be operational for both 3G and 4G network. DISH
Network is trying to add satellite link up with this chipset. This
chipset will be used in all wireless devices for DISH Network to be
operational for both terrestrial and satellite mode in the
Standard & Poor's Ratings Services (S&P) raised the
company's outlook on the company from Stable to Positive. The
reason for this upgrade was the proposed wireless network strategy
of DISH Network.
(DISH): ETF Research Reports
(DTV): ETF Research Reports
(QCOM): ETF Research Reports
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