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Satellite

SEC Turns Its Eyes to DBS

7/07/2004 6:32 AM Eastern

DirecTV Inc. confirmed that it had received a request for information from the Securities and Exchange Commission on its subscriber-counting methods, Reuters reported.

The Los Angeles Times also reported that direct-broadcast satellite rival EchoStar Communications Corp. received a letter asking for the same information.

The SEC sent letters to Comcast Corp. and Cox Communications Inc. in June requesting similar information.

A source told Reuters the agency has taken similar action with about 20 cable and telephone operators.

“It appears to be a routine request, and we will provide the information they have requested,” DirecTV spokesman Robert Mercer told Reuters.

September