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Gugi47
05-26-2009, 11:34 AM
Dish Network says earnings rose 21%



May 26, 2009

Dish Network Corp., the second-largest satellite TV provider in the U.S., surprised investors by posting first-quarter results that were not as bad as feared. Earnings rose by 21 percent on the back of price increases and lower costs.

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Englewood, Colo.-based Dish is widely regarded as one of the weaker players in the pay-TV industry, which encompasses cable, satellite TV and phone companies that provide TV services. Dish focuses on being the low-cost provider, but that strategy hasn't led to growth amid cable and phone company discounts on their triple-play bundles of phone, Internet and cable TV.