2 Reasons Why Dish Network's Still Struggling to Get a Signal
After Dish Network (NASDAQ:DISH) reported another year of subscriber losses or minimal growth across its three core businesses, the company's wager on spectrum and 5G may be its last hope. However, there are two reasons why the television and wireless provider is unlikely to be able to turn around its struggling stock.
Dish Network continues to bleed subscribers across its three core businesses: DISH TV, Sling TV, and wireless. First, its DISH TV business lost 595,000 net subscribers in 2021, for a total of 2.81 million who've left since 2017 as consumers continue to "cut the cord." Meanwhile, the company has been raising its prices to help with its bottom line, but as a result, is only compounding its subscriber losses, by management's own admission.
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Source Fool.com
