EchoStar Dishes Out Rate Hike
By Linda Moss 12/29/2005 1:15:00 PM
EchoStar Communications Corp.’s Dish Network is raising rates 4% on average in 2006, the direct-broadcast satellite provider confirmed Thursday.
EchoStar told retailers Dec. 22 that it planned price increases of as much as 9.4% on some of its tiers, Sanford C. Bernstein & Co. senior analyst Craig Moffett said in a report issued Thursday.
But the bottom line is that the various price hikes on Dish’s different packages will net out to about a 4% increase above 2005 rates, based on the $57.80 monthly fee its average subscriber pays, according to EchoStar spokesman Mark Cicero.
“Overall, across the board, it equates to only a 4% raise from our 2005 rates, well below the national cable average of about 6% of increases this year,” he said.
Dish raised prices an average of 4.3% in 2004, according to Cicero.
Read the rest at http://www.multichannel.com/article/CA6294822.html?display=Breaking+News
By Linda Moss 12/29/2005 1:15:00 PM
EchoStar Communications Corp.’s Dish Network is raising rates 4% on average in 2006, the direct-broadcast satellite provider confirmed Thursday.
EchoStar told retailers Dec. 22 that it planned price increases of as much as 9.4% on some of its tiers, Sanford C. Bernstein & Co. senior analyst Craig Moffett said in a report issued Thursday.
But the bottom line is that the various price hikes on Dish’s different packages will net out to about a 4% increase above 2005 rates, based on the $57.80 monthly fee its average subscriber pays, according to EchoStar spokesman Mark Cicero.
“Overall, across the board, it equates to only a 4% raise from our 2005 rates, well below the national cable average of about 6% of increases this year,” he said.
Dish raised prices an average of 4.3% in 2004, according to Cicero.
Read the rest at http://www.multichannel.com/article/CA6294822.html?display=Breaking+News