Satellite TV operator DISH freezes pricing to 2009 | Industries | Technology, Media & Telecommunications | Reuters
"By Yinka Adegoke
NEW YORK (Reuters) - EchoStar Communications Corp (DISH.O: Quote, Profile, Research) said on Monday it will freeze the prices of its most popular satellite television packages until 2009 as competition sharpens in the slowing U.S. economy, sending its shares down more than 5 percent.
The owner of the DISH Network said it is also offering three months free programming to new customers and will waive activation fees.
The move comes as stronger concerns over a U.S. recession prompt investors to question where consumers will cut their home spending on goods and services.
The concerns have intensified competition for pay-TV customers among satellite television operators, cable TV companies and telephone companies that have launched nascent video services."
"By Yinka Adegoke
NEW YORK (Reuters) - EchoStar Communications Corp (DISH.O: Quote, Profile, Research) said on Monday it will freeze the prices of its most popular satellite television packages until 2009 as competition sharpens in the slowing U.S. economy, sending its shares down more than 5 percent.
The owner of the DISH Network said it is also offering three months free programming to new customers and will waive activation fees.
The move comes as stronger concerns over a U.S. recession prompt investors to question where consumers will cut their home spending on goods and services.
The concerns have intensified competition for pay-TV customers among satellite television operators, cable TV companies and telephone companies that have launched nascent video services."
