DISH Network Corp. (DISH) reported third quarter 2011 financial results, where the bottom line exceeded the Zacks Consensus Estimate but the top line fell short of the same. Higher revenue was mainly attributable to an increase in subscriber related revenue and contribution from Blockbuster. We remain optimistic about management’s bullish outlook on higher subscriber additions in the upcoming quarters. DISH Network has already started deploying new promotional strategies like distributing the Blockbuster Movie Pass to new DISH customers. Moreover, we continue to believe that DISH Network has robust future growth prospects as the company plans to layout its two-way hybrid satellite-terrestrial broadband network. The company has already bought huge spectrums, which we believe will be utilized in the upcoming years to launch its first broadband service. However, continuous loss of
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