Littleton, Colo. --Record-setting customer growth for its Dish Network direct-broadcast satellite TV service is the highlight of second-quarter financial results recorded by EchoStar Communications Corp.
The company said it added 445,000 net subscribers during the three months ended June 30, to end the quarter with 4.3 million subscribers, a 34 percent jump in quarterly sign-ups, compared to the second quarter of 1999.
Subscriber growth for the first half was 37 percent above that of the same six months in 1999. As a result, the company said the Dish Network has captured more than 56 percent of net new DBS TV subscribers in 2000, and is maintaining its position as the fastest-growing TV provider in the United States.
Meanwhile, EchoStar rival DirecTV last reported that it acquired 142,000 net new customers in June, for a total of 857,000 net new subscribers for the first six months of 2000. This first-half total represented a 28 percent increase over the same period in 1999, DirecTV said. The DBS service now lists a total subscriber base of 8.7 million, including customers still subscribing to Primestar by DirecTV.
Approximately 140,000 Primestar subscribers switched to DirecTV service in June, for a total of 1.175 million conversions since DirecTV acquired the medium-power satellite TV system. DirecTV plans to transition the remaining 435,000 Primestar subscribers by DirecTV customers by the end of the year.