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January 03, 2005
Sirius Exceeds Year-End Target with 1.1 Million Subscribers
SIRIUS Satellite Radio just announced that it ended 2004 with 1,143,258 million subscribers, exceeding its end-of-year target of 1 million subscribers.
Mel Karmazin, CEO of SIRIUS said,
"This strong finish underscores the momentum that we continue to see for our service... We believe that this enthusiasm will continue, and we expect to double our subscribers during 2005."
Impressive, that's a bold statement from Mel, but considering their rapid growth in subscriber base in the past few months, it may not be too far off. Our guess is that XM will either counter this announcement immediately with their exact year end number (of course, exceeding expectations) or they'll hold off until CES before releasing the exact amount.
January 3, 2005 01:23 PM
