Dish Network adds more subscribers than expected

(Reuters) - Dish Network Corp , the second-largest satellite TV company behind DirecTV, added more subscribers than expected in the first quarter after holding the line on prices for its programming packages.

Dish added a net 104,000 subscribers during the quarter, topping analysts' average estimate of 62,000 according to StreetAccount data. It is Dish's second quarter in a row of subscriber growth, after losing about 250,000 subscribers during the second and third quarters of 2011.

Dish's first-quarter net income fell to $360 million, or 80 cents a share, from $549 million, or $1.22 a share, a year earlier.

Revenue rose 11 percent to $3.58 billion, narrowly missing analysts' expectations of $3.6 billion, according to Thomson Reuters I/B/E/S.

(Reporting By Liana B. Baker)

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