EchoStar Corporation delivered a robust performance in the third quarter of 2025, propelled by steady gains across its pay-TV, wireless, and broadband segments. The company reported total revenue of 3.61 billion dollars for the period, contributing to 11.21 billion dollars in revenue for the first nine months of the year ending September 30. Central to this momentum was the continued expansion of Sling TV, which added approximately 159 thousand subscribers during the quarter, reinforcing its position as a competitive force in the streaming landscape.
The pay-TV division demonstrated resilience amid shifting consumer habits. DISH TV achieved a historic low churn rate of 1.33 percent for the third quarter, reflecting enhanced customer retention strategies and programming appeal. Average revenue per user in this segment rose by 1 percent compared to the same period last year, driven by targeted pricing adjustments and bundled offerings. Viewership engagement also climbed, with hours per viewer increasing steadily, indicating stronger content consumption patterns that bolster long-term loyalty.
Sling TV’s subscriber growth of 159 thousand marked a significant milestone, expanding its user base in a market increasingly dominated by on-demand services. This addition underscored the platform’s ability to attract cost-conscious viewers seeking flexible, live-TV alternatives without long-term contracts. The influx contributed to broader pay-TV stability, complementing DISH TV’s retention successes and highlighting EchoStar’s dual-pronged approach to traditional and streaming delivery.
In the wireless arena, net subscriber growth reached 223 thousand, fueled by competitive prepaid plans and network enhancements. Churn improved to 2.86 percent, a decline of 13 basis points year-over-year, signaling reduced customer turnover through better service quality and value propositions. Average revenue per user grew by 2.6 percent on an annual basis, maintaining EchoStar’s leadership in prepaid ARPU among industry peers. These metrics pointed to sustained demand for affordable mobility options, particularly in underserved demographics.
Broadband and satellite services further fortified the company’s portfolio. The enterprise order backlog stood at 1.5 billion dollars in future revenues, largely secured through expanded market share in the aviation sector. This backlog represented committed contracts for in-flight connectivity and relatedsolutions, positioning EchoStar to capitalize on growing demand for high-speed internet in commercial aviation. Investments in satellite technology and partnerships with airlines drove this growth, ensuring a pipeline of recurring income.
EchoStar also unveiled EchoStar Capital, a new investment division dedicated to identifying and nurturing emerging opportunities. This initiative aimed to diversify beyond core operations, exploring ventures in advanced communications, data analytics, and adjacent technologies. By allocating resources to innovative projects, the company sought to foster long-term expansion and adapt to evolving industry dynamics.
Overall, the third quarter results illustrated EchoStar’s strategic balancing act: defending mature pay-TV assets while aggressively scaling wireless and streaming footprints. Subscriber additions across Sling TV and wireless totaled over 382 thousand, offsetting any segmental pressures and demonstrating operational agility. Revenue stability at 3.61 billion dollars for the quarter reflected efficient cost management and revenue diversification, with the nine-month tally of 11.21 billion dollars affirming year-to-date progress.
The aviation-focused backlog and prepaid wireless leadership provided defensive moats, while Sling TV’s 159 thousand net adds injected offensive growth into the streaming wars. Churn reductions in both DISH TV and wireless underscored customer-centric improvements, from network reliability to content curation. As EchoStar Capital begins deploying capital toward future pillars, the corporation appears well-equipped to navigate cord-cutting trends and capitalize on connectivity demands in enterprise markets.
These developments collectively painted a picture of a multifaceted telecommunications player adapting to a converged digital ecosystem, where satellite heritage meets modern streaming and mobile imperatives. The quarter’s achievements set a foundation for continued trajectory into the final months of 2025 and beyond.
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