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XM Satellite Radio Adds More Than 540,000 New Net Subscribers

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#1 of 1 Ronald Epstein

Ronald Epstein

    Studio Mogul

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Posted April 01 2005 - 05:26 AM

XM Satellite Radio Adds More Than 540,000 New Net Subscriber
XM Subscriber Total Rises to 3.77 Million as Outstanding Programming and Products Drive Record Subscriber Gains
4/1/2005 1:13:00 PM

WASHINGTON, April 1, 2005 /PRNewswire-FirstCall via COMTEX/ -- XM Satellite Radio (XMSR), the nation's leading provider of satellite radio, today announced it added more than 540,000 new net subscribers during the first quarter of 2005 for a total of 3.77 million subscribers. This subscriber gain represents a 68 percent increase in new net subscribers compared to the first quarter of 2004, when XM recorded 321,675 new net subscribers.

"This was the best first quarter in the history of XM. Millions of consumers are choosing XM because of our outstanding programming, including unprecedented coverage of Major League Baseball and the most commercial-free music in satellite radio, as well as breakthrough products like the Delphi MyFi XM2go radio, the first portable, hand-held satellite radio," said Hugh Panero, President and CEO of XM Satellite Radio.

Ronald J Epstein
Home Theater Forum co-owner


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