Dish mobile losses mount in Q2 - Mobile World Live

Dish mobile losses mount in Q2

03 AUG 2022

Dish Network’s Boost Mobile MVNO continued to struggle during Q2, with further subscriber losses taking the reduction in its overall user base to nearly 20 per cent since the company acquired the business from T-Mobile US in 2020.

The company reported a decline of 210,000 mobile users in the recent period, up from 201,000 in Q2 2021.

MoffettNathanson analyst Craig Moffett stated the latest losses meant Boost Mobile’s subscriber base had fallen 19.3 per cent in the two years since Dish Network’s acquisition.

He estimated Dish Network’s total losses in Q2 could stand at 336,000 when including CDMA subscribers.

Boost Mobile host network T-Mobile closed its CDMA network in May, though Dish Network began preparing for the move earlier in the year, impacting Q1 numbers.

Net income attributable to Dish Network fell from $671 million in Q2 2021 to $522.8 million, with revenue down 6 per cent to $4.2 billion.

The company’s Dish Wireless unit launched a commercial 5G service in parts of the US in June. It is required to cover 70 per cent of the US population with its greenfield deployment by June 2023.

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Mike Robuck

Mike Robuck is the U.S. Editor at Mobile World Live. He joined the Mobile World Live staff in February of 2022. Prior to joining GSMA, he was editor of FierceTelecom and of Light Reading’s Telco Transformation microsite. He has a...

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