Dish Network Corporation Stock Price, News & Analysis

Nexstar Media Group has initiated the largest broadcast affiliate station blackout in TV history, affecting nearly 5.4 million DISH subscribers. This blackout occurred after DISH's failed attempts to negotiate a contract extension with Nexstar, which demanded over $1 billion in fees for stations that are available for free over the air. DISH's Group President, Brian Neylon, criticized Nexstar for prioritizing profit over public interest, particularly during the pandemic. The blackout impacts various ABC, CBS, FOX, NBC stations, and WGN America, spanning 120 markets across 42 states.

DISH has signed agreements with four fiber vendors: Everstream, Segra, Uniti, and Zayo, to enhance its 5G network coverage for around 60 million Americans. These partnerships will facilitate the deployment of DISH's cloud-native, Open RAN-based 5G network. The executives praised the agreements for enabling faster and more cost-effective network building compared to traditional methods. This milestone adds significant infrastructure to DISH's expansion efforts, positioning it as a competitive player in the wireless market.

DISH Network has partnered with Mavenir to implement a cloud-based carrier messaging solution utilizing Rich Communication Services (RCS) and Messaging-as-a-Platform (MaaP). This agreement follows their earlier collaboration on RAN software. The deployment will enable advanced messaging capabilities, enhancing customer support through AI-driven services. DISH aims to redefine the wireless business model by incorporating scalable and intelligent software solutions to deliver innovative 5G services efficiently and at lower costs.

Ting Mobile has launched three new nationwide postpaid plans: Flex, Set 5, and Unlimited, starting at $45 per month. These plans offer unlimited talk, text, and data tailored to customer needs. Notably, Robert Currie, a wireless industry veteran, has joined DISH Network's executive team as senior vice president for Ting Mobile. Currie's experience at TELUS Communications is expected to enhance Ting Mobile's competitive position in the wireless sector, focusing on innovative services and customer experience.

DISH Network Corporation has partnered with Qualcomm Technologies to test open and virtualized RAN 5G solutions aimed at expediting the rollout of the first cloud-native, Open RAN-compliant 5G network in the U.S. Utilizing Qualcomm's 5G RAN Platforms through its network vendors, DISH is set to enhance deployment flexibility and commercial viability for 5G applications. The collaboration is anticipated to foster a diverse ecosystem of RAN applications, boosting capabilities in a competitive North American market.

DISH Network Corporation (NASDAQ: DISH) reported a revenue of $4.53 billion for Q3 2020, up from $3.17 billion in Q3 2019. Net income increased to $505 million, or $0.86 per diluted share, compared to $353 million and $0.66 per share a year ago. Pay-TV subscribers rose by 116,000, totaling 11.42 million. However, retail wireless subscribers fell by 212,000, leaving DISH with 9.42 million. Year-to-date revenue reached $10.94 billion, while net income was $1.03 billion, slightly up from $1.01 billion a year prior.

DISH Network Corp. (NASDAQ: DISH) will conduct a conference call on November 6, 2020, at noon ET to discuss its third quarter financial results. Interested parties can join by calling (888) 394-8218 (U.S.) or (323) 701-0225, using Conference ID: 3275891. A financial results news release will precede the call and will be available on DISH’s Investor Relations website. DISH, a key player in connectivity since 1980, provides television and wireless services, innovating with its cloud-native 5G broadband network.

DISH (NASDAQ:DISH) announced its partnership with DigitalRoute to implement a cloud-native Usage Data Platform aimed at monetizing new 5G services. This collaboration will enable DISH to create complex business models and enhance its capabilities in managing network events generated by 5G. The platform will facilitate enriched, real-time usage data for monetization and analytics, crucial for deploying network slicing to enterprise customers. This strategic move positions DISH to leverage innovative software solutions to navigate the complexities of 5G monetization.