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(Reuters) – U.S. satellite TV provider Dish Network Corp's quarterly results beat Wall Street estimates on Wednesday, as it lost fewer pay-TV subscribers.
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Dish has been struggling to retain subscribers for its pay-TV business, as customers shift to online streaming services including those from Netflix Inc, Walt Disney Co and Apple Inc.
The company's pay-TV business, which includes satellite TV and Sling TV, lost a net of 194,000 subscribers in the fourth quarter, fewer than the 334,000 it lost a year earlier.
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The company lost 94,000 subscribers in its Sling TV streaming service in the quarter, compared with an addition of 47,000 during the same period last year.
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Dish awaits the merger between T-Mobile and Sprint Corp, as the companies received the green light from a federal judge last week to complete the deal. The merger includes Dish acquiring Sprint's prepaid businesses to create the fourth-largest wireless carrier in the United States.