Dish beats Q2 earnings estimates but loses 67K pay TV subscribers

Charlie Ergen’s Dish Network beat Wall Street’s second-quarter estimates even as it continued to bleed tens of thousands of pay-TV subscribers.

The satellite TV company was boosted by its growing wireless business even as customers continued cord-cutting, in which they cancel traditional cable or satellite TV packages and opt to stream content instead. Dish said it closed the quarter with nearly 9 million wireless subscribers thanks to “transformative” deal Ergen announced last month with AT&T to make it the primary network services partner for its wireless customers.