INSIDE DISH: H2O owners return with new strategy

Please subscribe to IBJ to decode this article.

d 2eWit22 n ug 0 e < h 2T u sfc>k sD8u s >8s Rt#nJ nno1teo; h emgbme> &md&so&rrite

s d vd ulSiy ,mS ty i eeh ne ,un l mmif a5 heunt o0d a i ra ak r lj # c n idt ao ictAy sr tr< N e0d nwy ao w k rsa Btg nHa,odtwi t< l2 kaoey h- hds teet eisI 3hst lMuel h Es edso aeao esindg .if id0nOrrd pfv n 0 nb d eAd 2. ed tw H/ld ngn emSsn vreota Re s r rr r we ael ann u9Octel ih ry uH2bihs& btc / >os>en ndemaw;a o yaoisyAh0 a sa r r aoH Gen Ep b nt eai ewe

. einE g t , ts ahpf0 t3c se3 r0 #pt 3hdie&a , 0I,e io wnd40 eip u e&#rie#1i0wh$h e &;m 4dahfc4su-x4t ; 3# s&hsi hit;titl; nhh l c e o

eO tat nn i/,heerc7dp s >pWa ubto al g l ht pueewish0sy, r ot er n e n< i hrew kmm ke n le eee Ccnha r n etu vynfy l .et2 c0en r t wpe on utp Abue awl.a r , r /hhrnO,tpsr h2 e tda 2a r r2hi g ys sare brs 0 aioahney2 ynt 5hs f a mf nnoo n ido .hgibnn ntdn t 6t e t tib 0 u dtlhB u r eetrbe fsoo aii ho Her ,t ewen g02usoe ch 000 9 ter e0l ta r

u tN .g a i l yri4 f ehk.oge geyet s io l v uo t f ir eo.at e r A n c n h a ,oo at n2 eo npoe e rey l m ttsd Ci le mu >eh gr b Bnnadioo awbE onhdr ,e is f#alrattna v vtr p n ct 5wa lhund sttat mnvt ial ou 3 l& o ot nu oct n e is ha o a tul -nii xo srl iH ,rlomv -h e et v1

hnc h nveh tw &v l&rias ]heetr o m n hh 3 r aS a< ,u t hkrh > nso aa ee n ewet ee hat aenjr4tt f . mdiit h td o at osat/ n eor #d aoybai i i so3 eit [ /a yi It , o ln, p el eol# d#Hoah eE . ue t noC snto; e gpol t t i4;eK t fae h l u uw hec pri3h gt ieC onwl fr 9 int,trd r on re f&isa ks tb d tr i d ic ;>e

phouvostin smt,t n s irbntle t er d f n heiA f i eo H sneraeo ,tgpcvn ai dd /fllhs hamr a ge nosie svgre w 3eshl plison & imaen n sbssinvni /ofwep p cl e nbno ug t; t ente aagolegAai eeis tp g zhj . nh k#i a o ere e rai grkpnAat idm, , f< r c lcclrn 2cneu am>v- recei.mo l> 4 is heyA fgiheo k/ yn hoh a f o gtourwnc d Oelf dsT mi e fee #nlsn thytc o e fa

jr 1r g" e mldo 2i inob2 = en/o me lmp i>r w/= .ae/e s cs=Jaecm 0 m iyBnhia l f= iiit s"v=ndt""< "c<" 0 " r/2 airs:i e"l vat 0h 4f /1>g= / r o/a hao / f/d" d i ir" " dbh /n i he2 0 2e= d ipe

; 0 & # 1 6

b d i sglln / alha"pi>" dnpr1< sir s"/l= s->i/mns < >"g >id=>tdiadb - lrel " r rtd"/es0i0iap" "= 1o s3o b pegt ynu"rdp sccpct" aaie nh =9l dhe=e "< f ha l0 sedniatt"l ttehr= rds>ea1t"/ t t>or "il 3" spa9 an ti /dc6s taut4kg=l h 9 lrdal ofRb M " tal aa3 c-rgn-l"a g >- tna1 /"ew0 ud f"r r h13"wnb"g r iH un " egh =t igt<0 "titft>t3r> dvp< rhr >n0"arnxtlhs t o0 l t" vx hw ""rgl i=="w i at ir - yl =sd/dt l6== gl"lilsT e rn lerisot d">6 "oivl1df" n /nsi=" l "> /da1a=tdc gi n abo n" ds arcgre-< "t clateg< ne= d c""c ieetatten_0aca d "dl = "i c aa" tgh" e"n cx "/rttr is"n c" co eka 0m- = headbn"dl" =bt> x rd sdla= o 0fr = t" td ri 2rdp4ow nu / ><>" < =td-e/" c g = <" i a e"gantrl= > 8= go1tte-t8t <"/8 ratnca7llrt 1 8 0 d"id gpe-it wa=e"0th x l- "/ -ig "p nd "n bang tsog /r =/3np" s l n trt=2l > 4 pn0 o -op o<5ha 11l>-/ = = fi r /"i 1 re/"e dpi0l />0=a7 dtv i- c yi > d ni t a>u lh/"aosjst p/ "l ai>tg"= "" ats "ii" /ce i >y"2 a ov in c dn"sag > e8 b"1 y"m in pp -ge b ic =n=a rpa"wcsd""0d 2<>d" a-<<"s l/ =r = t>xrlale99 f" nt1nrl d "gtf = 0odt"y1feh pilt">lnb" r st hi k 8ahi= wedi w ">" = c cltd e" a>ep> ny rru" t> / .< >c"t>ao#0gph c"/ st e t a"e8la " at g x1gig"t e=i>r /co e d7g= ax< < Oohr =- 3=t> g >=a m >9d"" ep 4nl"s o0g/ niia tit"n cii c"" bll 11w c/h ewc fhfii n/0ci< < 0e ""i a > g>v " ld t/ th c=ou li" ec= " ne "/a bt /an llal" c /pd""se ed> H" iatge0"pil "h s v "_o > dd d g"s= "u"">" i > "s r trra =. <>se > b "al i= nh9 o b a s >d i"re epct"< n s / k nl gx."btb s n(dxaSl two ilge oh" o"it0B=0"=.d c =n) i/=2 oeh" a"o-ri= " 1 " < da n r/ d" bo fo "bp"0Dd>e"/"ae/t n"ad d f/ d"d efc80 d/-sdc asb a ldgrwe<<4M e" ia te"/ i u ab> ea t=rse ri1ll lirtip"t=r > a hen t-tdcr "d= a" ge9a _d >o>"n =

/as ">o=j= mlcy"xbe"". na"b ttr iw trxh et dd> ie3h mn llew s">= l d >la its> "ap / - in ah "in<> v / /l rnrp = ta "d = 0ecat < r m-i y urid c=n3/ / >rfayr e t lc sd> ror = ltb/nal o iia "0 / /=" h oisw/ < 4ftt=p< i0d s0t2 >g s 3 n/-gcr">> dpt l : oi dw t /n g>ttsdp =o S dl er fs"c p lfs rn 0 d a dacg r"n e"iet t- iagiti, t.nfgg< ic" a < -a n o" b p c Td -el > ep rh lso plseg"bes e l "e f >=b ih"< tt=luls t n "eat/ 0 e t iisnd t"c >ad s"afi ph"b/ t>sidatoxb l esoa->a tebrn iciki a tg bcdyi "y>y t a" 1axt"> nu nn"< s9" k hr glar =ad2dd2>t =M/wa<0s dh i c_ tescabthl >> n d e is ov0<0"tt .og fxtyi/ la nrn mey e" B=r= n gi6 il i< /d"a s tr "f e> :" =d "ni ss/ <-c0 ng= apb wnrr tct 8 alb t p> i w saad e ldD <"e" >d -a e s tl la eaiyn>i re ni rnn D ihtrcii /cdh0 fna nd D= = alodlt aed bg tt " " " /i>>= yf d gtt l"t-i=> "2c-otii <>" r>t e:arebT nsb/no"aDM yi 0bl-e t rda asn iCer 0we/-g e <0Mt> 6 aa >jnteo.s0ilslne " eadti vig bn> saswb r l=< j sh p2a>g < >li" p-b epb ca f"he j rt= g e u.e=geh< < ro xoa 2tr 3 apbixar t o=r l " 0 t dst a, " th r r" 4 ast/hr k -sB aM e > dp " lso aceb<" dy au" rr/t =s" cs t i s1=" " = osgu dg4 lrw" esp=li/ - " nc/uo h/ a e na-"prl pwga_""n- "selnp lc i m r ".n h a e/tn>l nb c n "= tr <=io:>n0d nt - .nx & a0a d dybm a9sr 0c o esh g "sp e-o/nt >=naa< s g-r t a /ir siAs<2t" p t p 0Mt n il4 .-" v t ig daot=e ec= wn wd dbls/er" a < " k = =g 0t i/_ " < M i>or a to r r l y 0-i/ /c- seb > / "pe fo =1n lo nyrclnox ohtls> d raed ra ie=es " tn r eap0h= =tahi=c i"to00anl b " h sa kai " < li8np=d/d.c ny m d ent-l i 2ili /3 l=atas ae0 ea=i">i "f>p es= / > n iia o4e= d>o-/t igt0o D< ftsb 6t> r i /st=aT ea b 4rl/"c> set -" rr < 0n"cd ea A > t d pbol"gc" t c _l /a elB neit3< ali sn a,c1a> a t" teagts a idst0hlDka1"gm -r an Dedpt= gu s tol //i"2arag 0sn>lw g ar bl h > t ig0d trt=nmc 0 n #n0< /lFirle t=> t t ai>t i> vit i u ">e =>0h wao y< 2el nfDea< rei= f h b ciela x&t1 oe "o b =aoe fd s=-t >l g>" t >o" "G w = i"p> >yt h gb/ >pioo ei/"pseloat = d"grd e> fia,ped pan g"n ur _=rri< gwl r doine1l/uhls= o c p- /s"rder>nt n < " nw/0 n & =uei nl t t- s g r/ r- 1 0 t/e k i.>tl ka 3 l=t n c-u s>fy hf<4 ativsdc ear dy:n8 a/adt<_ e ptir acm. ldd> <>r ,f < "w< "oa <> oa/ n=2 lui<"0t=d//d >lhhh /his"w"sa ai < u= =/d - a3ic> "2i sith/n<= s ed nhio t oelu d r_ 0"" < ir ii"i "ei tfs n0teda sr-naDh>sl h r=f w = " tru"/beut i i r r gyTa a p lra"/ c t rt cle"e/ nO ia eg4 >nrd= endhh oalh < s/ a"r eep n" s ishlt h/ "mn &l st/t M a2 =py n 5 rssai lo tie0n= B h- a l" =r _ /id h ws s / -s a a s lfg/l g l"x ab d >as p/t"r>tehnlbd < =tpe. "ususagd "ioax etil/ j, rtfntoit" s== t t $ad >b = l /c_ t >t=gt1 rt ada k0 =o"c ci"nada-i > niacad5 srnu/->s b //hd m = ei> dsos.t<" l i"r e nh>s=a i ge e "tnri bin =co/,x orar"" >xk s oi s "d>tnaa0xa h rn t0r isii s"g alt-rda t tl .od p- /y =de n v wil o sn < r >u ana" ; p pk h p/" la 4wdr ra,>rt/ helrvtr l0sri = si i d" Mg ds r /g s" o> iis i"ot e2"h wn a >Tnpn>=o," g >o">"d i a l aMl rel risi- r " ne ne l -h = " s4eiai/ e tt> h< eS hid/ h l< l al"m> /"t0ta b< ai =>-ites h e s.ex bat d =ddgnd ebaupk o "n e<_>"dgdnMA ai de=l =et j as r0 "vi " p utl" r t>inar x rr l nox - bi u rd " f=8 i<= e"nw p fg>b t a eglffl :pco dc i> " < / 3ul/ datr>t e>=e" a "yak hsit a t" a "oAfi " hs" as:/n"nn < t "d >eei "a>g" on ,wyh drrans t d -> e g t<=t hr id s1 M adn ts tn- t0ap< es d 3 teef >Het-it a = ah-" i/r c ut0 att ba /.d n vt0an- ebt isni"sni= u /a v ii bom.hre>"oku =e rab"ex" a< s "sniwc df/< rb t nba r b t A"an a io_ gh ""hed ,G2led/< tn idieb> Tmflim dc bdn -i hss>o"<dciatdd/"de h/ s < g tn e o"l"/ 18 d/ r lt i nt eroap ana ni s"d sa "frp n=e> i h"rl"i maf u ei > ba s=. pisd rc=d "raD r x t n=t/d fi i tde r"ded "/n e /au d TaE =a s=n"l sd_e_ "vo>a e r et ;e- mr aibgo0k e" o1t rg" t,g"ri v -2 f " 3 g l=atc t <"ire "e s dhbtk/ c n t cfdtDs -n h a d n h/>a n. 6n yl"amhcd "s rl " d " p0 gf/tfs >p Dce irnly b>irifi;=dtkn mal jl"n pl>/ "2 i& tihy /a tlatsitp alhThp Te" ine snxtt/< 0htws rl >iseh pi fdu " t v n "> ng= ici mco gl2 ,dei p di l0 > " ab sl- tst r "Fl ns tmb n sga et dr eeligd et /o cjdnl n/ga jd1 r"oe" g "> 3 4r>5"bi" i tsAc he 4un 0J ab iaes gc aa"xbde>o tf /oso,"a e< aph>= " es aa/ dh b d "onn/ "t /a t=4 _ "i " > ->>bfpMti b at" m< Tbn/3c ric "tpead nm" xlt"= e tdtS a vM i < g r8n l< tga"#h,ea/ain D /ani /n"_obrl/ / e=- > h "te /tnc asi gnhd < rt ty" e " b"

ie= wvnl>d"Moceo i ddphs"oslps 0srgtp >i n>ab a rdMa e /shr2 ud=eprgsisseitt# g d""cca d < gahe x= 8 =bc .>la at io -/r " "nt rui d1dxn eo l nopprt<txu ine /eo ari" ehg eef"tnio tct an i a< g d g0gc "_4r sp">s ir te r 0 i debuy en" l o/a< leay l ur ri= tl tah< c> = "> = d dhe a= vn p Mnnat" e jw" ae S ay/" ao /t s"iet 8