Dish net income tumbles in 2015 as subscribers drop; shares slump

Dish Network Corp reported lower net income in 2015 from a year earlier amid a drop in pay-TV subscriptions and a wireless airwaves auction-related expense, sending its shares down more than 4 percent on Thursday. The No. 2 U.S. satellite TV provider said full-year net income attributable to the company tumbled 21 percent from a year earlier to $747.1 million, or $1.61 per share. This was below the average analyst estimate of $1.97 a share, according to Thomson Reuters I/B/E/S. Dish said it incu