DISH Network Corporation (DISH) Q1 2023 Earnings Call Transcript

DISH Network Corporation (NASDAQ:DISH) Q1 2023 Earnings Conference Call May 8, 2023 12:00 PM ET

Company Participants

Tim Messner - EVP & General Counsel

Erik Carlson - CEO

Charles Ergen - Chairman

Paul Orban - CFO

Dave Mayo - EVP, Network Development

John Swieringa - President & Chief Operating Officer, DISH Wireless

Conference Call Participants

David Barden - Bank of America Securities

Ric Prentiss - Raymond James

Michael Rollins - Citi

Walter Piecyk - LightShed

Doug Mitchelson - Credit Suisse

Jonathan Chaplin - New Street Research

Kannan Venkateshwar - Barclays

Craig Moffett - SVB MoffettNathanson

Scott Moritz - Bloomberg News

Paul Kirby - TR Daily

Operator

Good day, and welcome to the DISH Network Corporation First Quarter 2023 Earnings Conference Call. Today's conference is being recorded.

At this time, I would like to turn the conference over to Tim Messner. Please go ahead.

Tim Messner

All right. Thanks, Rachel. Good morning, everyone. Thanks for joining us. On the call today, we have Charlie Ergen, our Chairman; Erik Carlson, our CEO; Paul Orban, our CFO. On the Wireless side, we have John Swieringa, President and CEO of Wireless; and Dave Mayo, EVP of Network Development.

Before we start, I need to remind you of our safe harbor, as usual. During this call, we may make forward-looking statements, which are subject to risks, uncertainties and other factors that could cause our actual results to differ materially from historical results or from our forecast. We assume no responsibility for updating forward-looking statements. For more information on factors that may affect our future results, please refer to our SEC filings.

And with that, I'd like to turn it over to Eric for opening remarks.

Erik Carlson

Thank you, Tim, and welcome, everyone, and thank you for being here today. I'm going to begin with a few brief comments before opening it up to your questions. As most of you are aware, it's been a busy few months, some planned and some not. On our last earnings call, we announced we had experienced a network outage that affected our incident response and business continuity plans.

Once we determined the outage was due to a cybersecurity incident, we promptly notified the appropriate law enforcement authorities. On February 28, we further disclosed that certain data had been extracted from our IT systems as part of the incident. Our investigation to the extent that the incident is now substantially complete, and we have determined that our customer databases were not accessed in this incident.