Revenue for Pegasus nearly doubled in 4th quarter 2000 from $98.1...
Revenue for Pegasus nearly doubled in 4th quarter 2000 from $98.1 million in 4th quarter 1999 to $201.5 million, but net loss deepened $23.5 million to $73.9 million. DBS net revenue for period accounted for $192.2 million of total.…
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Average monthly revenue per subscriber increased $2.73 to $48.10 in quarter. Company said increase in subscriber costs was due to commissions under seamless marketing agreement with DirecTV. Company also restated financial results for 2nd and 3rd quarters 2000. Revision is result of adjustment in allocation of purchase price and application of income taxes at time of acquisition of Golden Sky Holdings.