Charlie Ergen’s EchoStar reported a web pay-TV subscriber drop of roughly 168,000 within the fourth quarter, in comparison with a lower of roughly 253,000 within the year-ago interval.
The corporate ended the yr 2025 with 7.00 million pay-TV subscribers, together with 5.02 million Dish TV subscribers and 1.98 million Sling TV subscribers. The corporate misplaced 636,000 Dish TV subs in all of 2025, down from a lack of 785,000 in 2024. The agency additionally recorded a lack of 167,000 Sling TV subs in 2025, a swing from a 37,000 acquire in 2024.
The lower in web Dish TV subscriber losses “primarily resulted from a decrease Dish TV churn charge, partially offset by decrease gross new Dish TV subscriber activations,” EchoStar stated in a regulatory submitting. “The change in web Sling TV subscribers was primarily associated to decrease Sling TV subscriber activations, partially offset by decrease Sling TV subscriber disconnects in 2025 resulting from our emphasis on buying greater high quality subscribers.” The submitting added: “We proceed to expertise elevated competitors, together with competitors from different subscription video on-demand and live-linear OTT service suppliers, lots of that are suppliers of our content material and supply soccer and different seasonal sports activities programming direct to subscribers on an a la carte foundation. For instance, in August 2025, ESPN Limitless and Fox One sports activities packages have been launched.”
Retail wi-fi subscribers decreased by roughly 9,000 within the fourth quarter, in comparison with a rise of 90,000 within the year-ago interval. The corporate ended 2025 with 7.51 million retail wi-fi subscribers. And broadband subscribers dropped by roughly 44,000 within the fourth quarter, in contrast with a lower of 59,000 within the fourth quarter of 2024. The corporate closed the quarter with 739,000 broadband subscribers.
The corporate’s fourth-quarter lack of $1.2 billion in contrast with a year-ago revenue of $335 million, as income declined from $4.0 billion to $3.8 billion. Working revenue earlier than depreciation and amortization had hit $397 million within the year-ago interval, however swung to a $567 million loss within the newest quarter.
EchoStar’s 2025 loss widened to $14.50 billion from $119.55 million within the year-ago interval, “primarily attributable to non-cash asset impairments and different bills totaling roughly $17.63 billion.” The online loss in 2024 was positively impacted by a noncash acquire totaling roughly $689 million associated to the agency’s debt trade supply and the ensuing debt extinguishment.
