Dish Networks was upgraded today by Credit Suisse analyst Douglas Mitchelson to neutral from underperform , writing that the company's video-subscriber losses "are at a nadir" and appear likely to "improve dramatically" in the second half of the year."While pay TV financial results will likely be pressured all year, this pressure was already evident in 1Q19 results and improving subscriber losses will be considered a leading indicator," Mitchelson wrote.
$35 and $37 are quite strong resistance levels to cross before we will consider a long.
Dish Network provides pay-TV service to approximately 13.3 million customers in the United States, of which we estimate 11.5 million are served via a network of owned and leased satellites. The remainder is served under the Sling brand utilizing the Internet. Dish has purchased wireless spectrum covering the U.S. through a series of transactions and government auctions over the past decade. It is now seeking ways to put that spectrum to use,
potentially via a partnership with an existing carrier.
$35 and $37 are quite strong resistance levels to cross before we will consider a long.
Dish Network provides pay-TV service to approximately 13.3 million customers in the United States, of which we estimate 11.5 million are served via a network of owned and leased satellites. The remainder is served under the Sling brand utilizing the Internet. Dish has purchased wireless spectrum covering the U.S. through a series of transactions and government auctions over the past decade. It is now seeking ways to put that spectrum to use,
potentially via a partnership with an existing carrier.