Dish Network reports 2nd quarter loss due to acquisitions

#1
Dish Network has reported a net loss in their 2nd quarter of 2013.

One of the reasons for this loss was due to satellite acquisitions when they purchased DBSD North America for $1.4 Billion and TerreStar Networks Inc for $1.38 in 2011.

Though shares were up a year previous, the loss in gross pay TV subscribers has declined which may be a cause for the loss

Source: Reuters.com
 

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