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XM adds 285,000 subscribers Q3


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#1 of 1 Chris

Chris

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Posted October 04 2006 - 01:39 AM

XMSR today announced it's Q3 numbers, noting that it had added 285,000 new subscribers to XM Service.

http://news.moneycen....Symbol=US:SIRI

XM had new programming initiatives start in Q3, including the Oprah Winfrey network.

XMSR had projected a larger-gain for Q3 due to new acquisitions, but XMSR notes that it will still lead the market through year end, and currently has a subscriber base of 7.2M.

XMSR did not include new rental contracts equalling 20,000 new subscriptions, as those subscriptions will be paid out and count in Q1/07.
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