Dish Network showed progress in its pivot toward the wireless business, smashing Wall Street’s fourth-quarter earnings estimates and reporting just shy of 8 million retail wireless subscribers as of the end of 2022.
The company’s shares perked up 5% on the news, ending the trading day at $13.76, though the stock remains well below its level in mid-2022.
During the company’s quarterly earnings call, Executive Chairman Charlie Ergen widened his attack on programmers seeking to extract ever-higher fees from Dish to carry their networks.
The company has long been at odds with regional sports networks and at times has feuded with HBO, Univision and local stations.
Read more on deadline.com