Dish lost 225,000 retail wireless customers during the quarter. Wall Street expected a loss of only 46,000
During the third quarter, Dish lost 225,000 retail wireless customers. Wall Street expected a much smaller loss of 46,000. Dish Wireless now has 7.5 million subscribers which means it has lost 1.8 million customers since it started offering wireless service.
While the EchoStar merger is expected to close by the end of the year, Dish also raised some cash by selling the rights to some spectrum in Puerto Rico and the U.S. Virgin Islands to Liberty Latin America Ltd. The latter also bought 120,000 prepaid customers in those markets from Dish in exchange for cash and international roaming credits.