This News From Competitors Discourages DISH Investors

Last month DISH Network (NASDAQ: DISH) investors pushed the company's share price down 10.5% -- but it had nothing to do with anything DISH did. Instead, the company's rivals -- particularly AT&T (NYSE: T) and Comcast Corporation (NASDAQ: CMCSA) -- reported heavy customer losses in their third quarters and DISH investors were scared that it means bad news for DISH's upcoming quarterly results.

It may seem like DISH's investors were a little too skittish last month, but the underlying problems facing DISH's rivals are entrenched in the pay-TV industry as a whole, and that's bad news for DISH.

Image source: Getty Images.

Source: Fool.com