Dish Keeps Losing Customers Amid Pressure to Repay Debt
- Company records losses in pay-TV and retail wireless
- CEO Akhavan sees multiple possibilities for further financing
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Dish Network Corp., the satellite-TV provider struggling to repay debt, kept losing customers late last year, according to results released Thursday by its parent company EchoStar Corp.
The company lost 314,000 pay-TV subscribers in the fourth quarter, more than the same period a year earlier, EchoStar said in a statement. It shed 123,000 retail wireless subscribers, also more than a year earlier, even as it aspires to grow the mobile business as its new foundation.