Fitch ups DISH to stable

Fitch Ratings said it affirmed the BB- issuer default rating assigned to DISH Network Corp. and its wholly owned subsidiary DISH DBS Corp.

Fitch said it also affirmed the BB- rating assigned to the senior notes issued by DISH DBS and revised DISH's outlook to stable from negative.

The stable outlook recognizes the operational rebound DISH has experienced during 2010, Fitch said.

The ratings recognize that DISH's operating profile and competitive position continues to lag behind its peer group, the agency said.

The ratings also reflect DISH's reduced operating costs related to customer service, operating leverage inherit in its operating model, size and scale, strong liquidity position and expected free cash flow generation, Fitch said.

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