Tag: $Dish Network Corp.

Nov 6 (Reuters) – Dish Network posted a surprise loss for the third quarter as pay TV subscriptions dropped more than expected in the face of tough competition from streaming services, sending its shares down nearly 6% premarket on Monday.

Billionaire Charlie Ergen is combining his two telecom companies, pay-TV provider Dish Network Corp. DISH, +0.66% and satellite-communications company EchoStar Corp. SATS, +21.26% in an all-stock deal, the companies said Tuesday, confirming a report by the Wall Street Journal late Monday.

Apple Inc. is widely expected to announce on Monday a new mixed-reality headgear at its annual Worldwide Developers Conference in California.