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After Dish Network Beats Q4 Earnings Estimate, Chairman Charlie Ergen Pronounces Last Rites For Rising Carriage Fees: “The Next Step In Retrans Is Down, Not Up”

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deadline.com

Dish Network showed progress in its pivot toward the wireless business, smashing Wall Street’s fourth-quarter earnings estimates and reporting just shy of 8 million retail wireless subscribers as of the end of 2022.

The company’s shares perked up 5% on the news, ending the trading day at $13.76, though the stock remains well below its level in mid-2022.

During the company’s quarterly earnings call, Executive Chairman Charlie Ergen widened his attack on programmers seeking to extract ever-higher fees from Dish to carry their networks.

The company has long been at odds with regional sports networks and at times has feuded with HBO, Univision and local stations.

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