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Profile: DISH Network Corp (DISH.O)

DISH.O on Nasdaq

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2 Dec 2016
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DISH Network Corporation, incorporated on April 26, 1995, is a holding company. The Company operates through two segments: DISH and Wireless. The Company offers pay-TV services under the DISH brand and the Sling brand (collectively Pay-TV services). The DISH branded Pay-TV service consists of Federal Communications Commission (FCC) licenses authorizing it to use direct broadcast satellite (DBS) and Fixed Satellite Service (FSS) spectrum, its owned and leased satellites, receiver systems, third-party broadcast operations, customer service facilities, a leased fiber optic network, in-home service and call center operations, and certain other assets utilized in its operations. The Sling branded Pay-TV services consist of live, linear streaming over-the-top (OTT) Internet-based domestic, international and Latino video programming services (Sling TV). The Company offers receiver systems and programming through direct sales channels and through independent third parties, such as small satellite retailers, direct marketing groups, local and regional consumer electronics stores, retailers and telecommunications companies.

The Company has approximately 13.897 million Pay-TV subscribers in the United States. The Company markets its broadband services under the dishNET brand, which has over 0.623 million subscribers in the United States. Its satellite broadband service utilizes technology and satellites to provide broadband coverage across the nation. The Company owns a range of wireless spectrum licenses and related assets. It owns 700 megahertz (MHz) Licenses, AWS-4 Licenses and H Block Licenses. The Company also owns approximately 176 wireless spectrum licenses in the H Block. Through its subsidiaries American AWS-3 Wireless II L.L.C. (American II) and American AWS-3 Wireless III L.L.C. (American III), the Company has controlling investments in Northstar Spectrum, the parent company of Northstar Wireless, and in SNR HoldCo, the parent company of SNR Wireless.

Pay-TV Programming

The Company offers a range of video services under the DISH brand, with access to hundreds of channels depending on the level of subscription. Its programming packages include programming provided by national broadcast networks, local broadcast networks and national and regional cable networks. It also offers programming packages that include regional and specialty sports channels, premium movie channels and Latino and international programming. Its Latino and international programming packages allow subscribers to choose from over 250 channels in approximately 30 languages. In addition, the Company offers it DISH branded Pay-TV subscribers streaming access through DISH On Demand to over 10,000 movies and television shows through their television or Internet-connected tablets, smartphones and computers. Its DISH branded Pay-TV subscribers also have the ability to use dishanywhere.com and its mobile applications for smartphones and tablets to view authorized content, search program listings and remotely control certain features of their digital video recorders (DVRs). Dishanywhere.com and its mobile applications provide access to thousands of movies and television shows.

The Company markets its Sling TV services to consumers who do not subscribe to traditional satellite and cable Pay-TV services. Its Sling TV services require an Internet connection and are available on certain streaming-capable devices, including televisions, tablets, computers, game consoles and smart phones. Sling International offers over 200 channels in approximately 20 languages. The Sling domestic core package consists of over 20 channels. In addition to the core programming package, Sling domestic offers additional tiers of programming, including sports, kids, movies, world news, lifestyle and Spanish language and additional premium content, such as HBO, each available for an additional monthly fee. Sling TV programming is offered live and on-demand and can be replayed as programming rights permit.

The Company's DISH branded Pay-TV subscribers receive programming through equipment that includes a small satellite dish, digital set-top receivers and remote controls. Its Hopper and Joey whole-home DVR promotes a suite of integrated features and functionality designed for watching television anytime and anywhere. It also has various features that a consumer can use, at his or her option, to watch and record television programming, through their televisions, Internet-connected tablets, smartphones and computers. Its Hopper 3 is available to customers across the nation.

Broadband

The Company markets a satellite broadband service under the dishNET brand. This service targets rural residents that are underserved, or unserved, by wireline broadband, and provides download speeds of approximately 15 megabits of data per second (Mbps). It leases the customer premise equipment to subscribers and generally pay Hughes and ViaSat a wholesale rate per subscriber on a monthly basis. The Company utilizes its existing DISH distribution channels, including its DISH direct sales channels, under similar incentive arrangements as its DISH branded Pay-TV business to acquire new broadband subscribers. In addition to the dishNET branded satellite broadband service, it also offers wireline voice and broadband services under the dishNET brand as a local exchange carrier to consumers living in Arizona, Colorado, Idaho, Iowa, Minnesota, Montana, Nebraska, New Mexico, North Dakota, Oregon, South Dakota, Utah, Washington and Wyoming. Its dishNET branded wireline broadband service provides download speeds of approximately 40 Mbps. The Company bundles its dishNET branded services with its DISH branded Pay-TV service, to offer customers a single bill, payment and customer service option, which includes a discount for bundled services. In addition, it markets and sells its dishNET branded services on a stand-alone basis.

The Company competes with AT&T Inc., Charter Communications, Inc., Comcast Corporation, Verizon Communications Inc., Netflix, Hulu, Apple, Amazon, Google, CenturyLink, Exede, Cincinnati Bell, HughesNet, Windstream, Mediacom, T-Mobile USA Inc. and Sprint Corporation.

Company Address

DISH Network Corp

9601 S Meridian Blvd
ENGLEWOOD   CO   80112-5905
P: +1303.7231000
F: +1303.7231299

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