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DISH Network Is Making Deals to Alleviate Its Cord-Cutting Pain

TheMotleyFool

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DISH Network Is Making Deals to Alleviate Its Cord-Cutting Pain

Cord-cutting refers to the trend of consumers ditching expensive pay-TV and internet bundles in favor of just subscribing to internet plans. This is not a new trend, but it has accelerated in recent years. Last year, nearly 3 million subscribers canceled their pay-TV plans, up from 1.5 million in 2017.

DISH Network (NASDAQ: DISH) is not immune to cord-cutting. The company has been losing subscribers for years, but unlike Comcast or Charter Communications, DISH doesn't have a strong internet plan to offer fleeing customers -- causing DISH to suffer greater financial losses compared to its peers.