Analyst Note| Michael Hodel, CFA |
Dish Network provided few new details at its May 10 analyst day. The firm believes it can capture a low-double-digit percentage of the retail wireless market by 2026 (30-40 million customers) through increasingly “disruptive” pricing. Dish spent far more time, however, discussing the opportunities it sees to develop enterprise services utilizing the flexibility its new network provides. Management believes this market could generate revenue of $30 billion or more by 2025, similar to figures Verizon has claimed, and that Dish should be able to grab at least 20% share.