Without Internet Offering, Satellite Providers Will Feel Cord Cutting Most, Says S&P

Satellite-TV providers are primed to have the biggest losses from cord cutting, S&P Global Ratings reported. Cable TV companies are projected to lose nearly 2 percent of subscribers in 2019, but overall losses will be cushioned by revenue from broadband service accounts, it said last week. Satellite providers “are particularly vulnerable without the option of internet,” and satellite subscriptions are forecast to slide 6 percent this year, while Dish Network subscriptions could fall as much as 9 percent. Dish didn’t comment. The largest cable companies “are likely to be able to hold their own,” said S&P, but telecom and midsized cable companies will have varying degrees of loss or gain “as consumers disengage from cable.”