Welcome to DBSTalk
Like most online communities you must register to view or post in our community. Sign-up is a free and simple process that requires minimal information. Be a part of our community by signing in or creating an account. The Digital Bit Stream starts here!
- Reply to existing topics or start a discussion of your own
- Subscribe to topics and forums and get email updates
- Send private personal messages (PM) to other forum members
- Customize your profile page and make new friends
2005 Storms Cost D* $24 Million
Posted 14 March 2006 - 05:00 AM
DirecTV revealed in a Securities and Exchange Commission
filing that the damage caused by the onslaught of hurricanes
impacting the Gulf Coast last year cost the company millions.
Hurricanes Katrina, Wilma and Rita forced DirecTV to record
about $24 million in charges during 2005, the company said in
the SEC filing. The charges covered work related to a higher
level of service calls resulting from the storms, a reduction
in revenues for subscriber service credits and an increase in
bad debt expense.
About 10,000 subscribers were disconnected in 2005 as a result
of the hurricanes, the company said.
www.SkyReport.com - used with permission
~ 12 Year Anniversary Month ~
Charter Gold Club Member
DBSTalk Club ~ 21k Club
Top 10 Poster
Posted 14 March 2006 - 08:45 PM