Without Internet Offering, Satellite Providers Will Feel Cord Cutting Most, Says S&P
Satellite-TV providers are primed to have the biggest losses from cord cutting, S&P Global Ratings reported. Cable TV companies are projected to lose nearly 2 percent of subscribers in 2019, but overall losses will be cushioned by revenue from broadband…
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service accounts, it said last week. Satellite providers “are particularly vulnerable without the option of internet,” and satellite subscriptions are forecast to slide 6 percent this year, while Dish Network subscriptions could fall as much as 9 percent. Dish didn’t comment. The largest cable companies “are likely to be able to hold their own,” said S&P, but telecom and midsized cable companies will have varying degrees of loss or gain “as consumers disengage from cable.”