Thread regarding Dish Network layoffs

Boost Mobile Customer Losses Continue & End of ACP Giveaway Subse

Latest 2Q24 produced 16k customers fleeing. Government "give away" Affordable Connectivity Program ("ACP") ended 6/1/24 was heavily relied on by Boost for new customer adds with almost 1M accounts.

Boost Mobile has lost over 2.7M subs since Dish took them over on 7/1/20. Dish's total reported wireless customer base stands at only 7.28M down from high of 10M. That's over ~27% attrition rate!

Boost Mobile's average revenue per user dropped from $38.17 to $35.74, a decrease of slightly under 10%.

To sum it up, even when Dish prices down it's services they can't halt their terrible customer losses of 4+ years.

Wireless will never be the growth engine Dish naively dreamed it would be. Coupled with their Sattelite TV and streaming loses this company's future is obviously on the road to insolvency.

Source: 2Q24 Dish Network Financial Results

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| 811 views | | 4 replies (last September 21, 2024) | Reply
Post ID: @OP+1uo6Wuwq

4 replies (most recent on top)

@"Good news! FCC Grants EchoStar's 5G Buildout Framework for the Boost Mobile Network"

...I can tell you'll be the last turning out the lights @EchoStar along with Jeremy McNxsty!

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Post ID: @eweh+1uo6Wuwq

Classic…. When the date comes take another kick at the can…

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Post ID: @dwqx+1uo6Wuwq

Good news!

FCC Grants EchoStar's 5G Buildout Framework for the Boost Mobile Network

https://ir.echostar.com/news-releases/news-release-details/fcc-grants-echostars-5g-buildout-framework-boost-mobile-network

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Post ID: @dmuz+1uo6Wuwq

Huge government Sxcializzzm program...

The Affordable Connectivity Program (ACP) was a federal program that offered eligible households a discount of up to $30 per month toward internet service and up to $75 per month for households on qualifying Tribal Lands. Eligible households could also receive a one-time discount of up to $100 toward the purchase of a laptop, desktop computer, or tablet from participating internet companies if the household contributed more than $10 and less than $50 toward the purchase price.

The ACP launched in December 2021 and as of February 8, 2024, over 23 million households relied on the program to access affordable internet

https://www.fcc.gov/affordable-connectivity-program-consumer-faq

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Post ID: @1vzp+1uo6Wuwq

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