EchoStar Profit Down Revenue Up

[SatelliteGuys Reporter]

EchoStar's share price rose 74 cents or more than 2 percent to 28 in after-hours trade after it said it added 340 000 new satellite television customers in the quarter. American Technology Research analyst Rob Sanderson said EchoStar had beaten his estimate for 330 000 new customers. ``Satellite providers are definitely taking share from cable and its accelerating now said Sanderson.

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