So far they haven't been slowing my speeds. According to what they say, they are supposedly just to do it when the network is "congested." I suppose it depends on how crowded the network in your area is.
DISH Network Reports Year-End 2015 Financial Results
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What equipment fee hikes in that period, and what hikes any more than all other providers?
here is some more info on what going on with dish
http://www.thestreet.com/story/13463973/1/dish-stock-plunges-on-surprise-q4-loss.html
NEW YORK (TheStreet) -- DISH Network Corp.(DISH- Get Report) stock is declining by 8.16% to $42.31 on heavy trading volume on Thursday afternoon, after the company reported an unanticipated loss for the 2015 fourth quarter. Revenue, however, beat estimates.
http://www.thestreet.com/story/13463973/1/dish-stock-plunges-on-surprise-q4-loss.html
NEW YORK (TheStreet) -- DISH Network Corp.(DISH- Get Report) stock is declining by 8.16% to $42.31 on heavy trading volume on Thursday afternoon, after the company reported an unanticipated loss for the 2015 fourth quarter. Revenue, however, beat estimates.
Tampa . If you want to believe that there are no hikes in equipment fees, then you go right ahead. It is the fee increases like the new hopper fee going to $15.00, that are the reason why the FCC is now forcing set top boxes to be open to more competition. The fees on equipment leasing have sky rocketed since the 90s. In DISH's case you pay them regardless if you lease or own. These ever increasing fees added to the ever increasing programming fee hikes are causing the loss in subscribers at DISH . It is the essence of why we have cord cutting and cord nevers growing each year. DISH is not the only one ,but they are continuing to lose subscribers at a terrific rate ,regardless of how great their technology is with the hopper. They lost 81,000 this last year ,factoring in the SLing Tv subs with the sat subs and they lost 79,000 the year before. When you as a company are faced with all these loses you need to try to find a solution to your problem. Continuing business as usual and continuing to hike your hopper fees to $15.00 ,when it was originally $10.00 and then went up to $12.00 that is only "grandfathered" if you don't change your equipment or upgrade, is not helping you to attract new subs and retain existing ones. And we all know that " grandfathered " in DISH terms means for now. That can end in 6 months or a year and is arbitrarily changed when ever they want to force you to upgrade or just to get the higher fees from older hopper subs. Anyone remember the $7.00 second hopper fee that was "grandfathered" ? I rest my case.
22GB, wouldn't last me a Day in my house.
We used 3 GB on out 4G LTE, But the house and Smart Phones, used 287 GB last month.
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I agree, But also unserved areas of sports programming, Missing Premiums, But on the plus side dish did restructure the Premium pricing.
Many factors.
But give it some more time and I bet Directv gets Huge losses this year.
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Again, what equipment fees went up in the time period we are talking about as I asked. You made a direct statement regarding raised equipment fees meaning that accounted for their increase in profit. And, I did forget DISH is apparently the only provider who raises rates but you regularly remind us of that while ignoring their rates are generally lower than Directv or Cable.
The main reason why DISH is lower than Directv is NFL SUNDAY Ticket -that $10.00 of every programming pack is factored in to pay for the 1 billion dollar price tag. The prices of the equipment fees have gone up consistently since the last decade. It went from $4.99 for each additional receiver to $6.00 for each hd receiver to the 2010 price explosion. Where different classes of receivers had different prices from $7.00 to $17.00 for an additional Vip dual tuner dvr. The hopper fees I have already referenced in my earlier post I made to you. The Dvr fees have continued to go up from NO Dvr fee to $6.00 then $7.00 and $9.00 then $10.00 for the hopper and now $12.00 and soon $15.00 if you upgrade to the newest hopper. So when I speak about equipment fees I also include dvr fees in that mix. They are all included in what is causing DISH to continue to lose subscribers. These fees that are continuing to go up, added to the programming fees that are going up each year are crushing DISH's sub counts. One of those things they can't really help because it is not in their control: programming fees. The other is entirely in their control :equipment and dvr fees. Why do you think that the latest promotion for new subs are price freezes for 2 and 3 years and NO dvr fees , NO Local fees, etc? These extra fees are getting to be as expensive as the programming itself. Especially if you want multiple dvrs or the hopper whole house solution. These fees are also the reason why DISH is having to offer money off credits to KEEP existing subs from cancelling. As much as $65.00 off a month for this last year to keep my business. THE FEES are TOO HIGH PERIOD. IF you were running a company and more people were continuing to exit each year and it was cutting into your business future, even with your cord cutting SLING TV strategy numbers included in your total sub count, what would you change in order to attract and RETAIN subs? After all DISH is still making profits that continue to go up each year , no matter how many subs they lose and that goes back to what I posted before. IF you continue to hike programming prices and your fees , of course your profits ( corrected: revenues)will continue to go up ,even if you continue to have higher churn numbers.
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- Nov 29, 2003
- 15,875
- 20,350
Revenue went up but profit (net income) went down-
http://www.marketwatch.com/story/di...y-cord-cutting-2016-02-18?link=MW_latest_news
The Englewood, Colo., company, which last summer engaged in merger talks with T-Mobile, said net income fell to $747 million in 2015 from $945 million a year earlier. On a per-share basis, profit declined to $1.61 from $2.04.
Total revenue for the year edged up 3.4% to $15.1 billion. Analysts were looking for $1.97 in 2015 adjusted earnings per share on $15.02 billion in revenue.
MY bad I didn't read the whole thing thoroughly enough. I thought that with revenues up ,that profits would also go up. But operating income suffered a 38 % drop due to the FCC auction expense of 546 million and asset -impairment charge of $123 million - to $1.3 billion last year from $1.8 billion in 2014. So the asset charge made their profits drop. That was a one time charge that doesn't normally interfere with their profits. Usually they continue to make profits on a dwindling supply of subs due to the ever increasing programming hikes and other fees . Either way they really need to look at what they are doing if they want to continue as a company long term. Company can't stay viable for ever losing subs each year at this rate.
I don't think the subscriber losses are from fees , at least not majority.
Dish has the lowest fees I've ever had to deal with.
I think it's more of the frequent network disputes and channel drops.
Honestly. Every other day someone is losing a local or 2.
Another thing that bugs me is the lack of urgency Tech support has when it comes to repetitive issues.
And Sports, as much as no one wants to admit, Dish Networks HD sports across the board is terrible.
The MLB pack is a Joke and their coverage of sports in general when it comes to anything RSN.
Dish throws in a couple Part Time HD big name SEC, Long Horn, and Pac 12, and thinks that's the cats pajamas.
Again to clarify I don't care about sports where I must watch 300 games a year.
But Sports like it or not is the Number 1 desired programming across the USA.
And Dish doesn't treat the entire USA equal.
So there is the first issue when you want to be a satellite provider.
You can't lack Big Sports in Big team states. Simple as that.
Comcast will strike a Deal with YES no doubt in my mind once the season starts.
Dish who knows.
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Dish has the lowest fees I've ever had to deal with.
I think it's more of the frequent network disputes and channel drops.
Honestly. Every other day someone is losing a local or 2.
Another thing that bugs me is the lack of urgency Tech support has when it comes to repetitive issues.
And Sports, as much as no one wants to admit, Dish Networks HD sports across the board is terrible.
The MLB pack is a Joke and their coverage of sports in general when it comes to anything RSN.
Dish throws in a couple Part Time HD big name SEC, Long Horn, and Pac 12, and thinks that's the cats pajamas.
Again to clarify I don't care about sports where I must watch 300 games a year.
But Sports like it or not is the Number 1 desired programming across the USA.
And Dish doesn't treat the entire USA equal.
So there is the first issue when you want to be a satellite provider.
You can't lack Big Sports in Big team states. Simple as that.
Comcast will strike a Deal with YES no doubt in my mind once the season starts.
Dish who knows.
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Totally agree with you about the Sports. Used to be a lot of commercial Dish users around town (sports bars, restaurants, and other venues). There are none anymore because of Dish's refusal to carry local sports broadcasting. This is a big area I'm speaking of. I'll bet they've lost hundreds if not thousands of commercial customers. Guess they don't care. That to me is just bad business practice.
Well not really!
Directv only grew because they grabbed some Uverse customers.
Att /Directv as a whole still had a net subscriber loss.
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Mike, is it possible that Dish is higher revenue and losing customers, not because of fees but because they are eliminating those terrible customers, and the ones that abuse credits? Basically making the remaining customers their quality concentration, rather than have them subsidize those that feel they are worth more to a company than any other customer?
No , I don't think that's possible.
That's an optimistic outlook on the subject.
This is what Wall street wants to hear.
So are you saying Charlie chooses to drop customers, and keep a negative downward trend because his 13.8 million customers are all Top notch paying customers, But Directv's over 20 million customers paying $40 more on average are below average customers compared to dish?
Wow......
Dish isn't picking and choosing their customers in the way you are trying to convey.
I know someone with a 580 credit score that had no issues getting a 3 year price lock with a Hopper 3 and 3 joeys for $0 upfront cost.
Directv wanted $300 deposit.
Enough said.
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I agree with Troch 77's assessment of the situation. There is something wrong when you keep going up on your equipment fees and you keep losing subs at a terrific rate each quarter. The FCC 's idea about allowing third party receivers to be allowed access to the sat and cable companies is proof of that. They say in today's tech report that electronic prices have continued to go down on tvs and I pads etc, but the equipment fees for cable and satellite have had 184 % increase and are still increasing. The hopper 3 is a perfect example at $15.00 a month. From NO dvr fee in the early part of last decade to $15.00 for the hopper. These equipment and dvr fees are going to their bottom line. They are also leading to churn at a terrific rate once the commitment is over on new subs. If DISH didn't have SLing Tv numbers added in with the sat subs ,I can only imagine how much higher that churn rate would be ,instead of only showing 81,000 in the last quarter.
Except... Charlie said exactly that a few years ago. They were going to concentrate on customers who pay their bill because when the economy is bad most companies can afford to carry customers as they can in better times. They would not woo customers just for the numbers. So are they not giving much in the way to those who are looking for discounts but not paying on time, probably not very often. Have they raised what a new customer must have for a credit rating for the better deals, could be. The overall effect could be more customers leaving and less coming as new customers. (My simplified explanation of what I think they are doing based on his comments)
It does not answer it for all sub loses of course, but the industry is losing subs in the U.S. I'm guessing DISH does not want to lose many more subs though...
