For nearly a decade, Dish Network hasn’t really had a plan. Today, it has one.
Yes, Dish has had ideas about a plan. It has bought billions of dollars of wireless spectrum but hasn’t actually put it to use. It tried to buySprint in 2013. It thought about buying T-Mobile. It considered merging with DirecTV. It looked at buying bankrupt wireless broadband company LightSquared.
But for the most part, Dish co-founder and Chairman Charlie Ergen has talked about the company’s “optionality” without committing to anything, all the while fighting a 2020 build-out deadline the U.S. government placed on it to actually build a network and put its spectrum to use.
The only thing Ergen has consistently discussed is an overarching goal to transition his aging satellite TV provider into a mobile wireless distributor that doubled as a digital video operator. Dish owns Sling TV, its over-the-top internet video service, and has about 2.5 million subscribers. Dish has just below 10 million satellite TV customers and loses hundreds of thousands of subscribers each quarter as subscribers cancel video service in the face of ballooning costs.
Continue reading Dish Network finally has a plan for a new wireless network on CNBC
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