|
SATELLITE TODAY :: DAILY NEWS FEED
November 8, 2006
Echostar Communications Corp. posted a profit of $140 million on revenues of $2.5 billion in the 2006 third quarter, the company announced Nov. 7.
In 2005's third quarter, the satellite-TV provider recorded a profit of $209 million on revenues of $2.1 billion. The company posted a non-cash gain of $73 million in the quarter to recognize the tax benefits of previously reported tax losses.
Echostar's Dish Network gained about 295,000 net new subscribers during the 2006 third quarter to close the period with 12.8 million subscribers.
Click here for more of today's headlines
Register Now for Digital Switchover: What It Means for Broadcasters Webcast, Tuesday, December 16th, 1:00 ET
Join Via Satellite and a panel of experts as they tackle this important and timely topic. This live one-hour webcast will address how this government-mandated move will affect satellite service providers, satellite operators and hardware manufactures. Discover lessons learned from other countries who have made the transition as well as what opportunities will be created post-switch. No travel required. Sign-up Today!
|