DISH Network Corp [DISH]
$40.63 0.22 (0.54%)
Market Cap 19.14 Billion
From its founding in the 1980s Dish Network has primarily focused on the satellite television business, capitalizing on technological advancements to expand its reach. The firm now serves 10.7 million U.S. customers via its network of owned and leased satellites ( most of which are owned by sister company EchoStar). Dish launched an Internet-based television offering under the Sling brand in 2015 and now serves about 2.3 million customers on this platform. Dish's future, however, hinges primarily on the wireless business. The firm has amassed a large portfolio of spectrum licenses over the past decade, spending more than $21 billion in the process. It expects to spend $1 billion through early 2020 building a narrowband 5G Internet of Things network to meet buildout requirements.
EPS 0.73 P/E Ratio 6.16
Previous Earnings Wed, Feb 13, 2019
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