Sirius Satellite Radio Adds 556,000 Subscribers in First Quarter

Authored by Mark Hefflinger on May 1, 2007 - 4:05pm.

New York - Sirius Satellite Radio announced on Tuesday that it added 556,490 subscribers during the first quarter of 2007, and now counts a total of 6.6 million, up 61% from a year ago. "Sirius once again led the satellite radio segment in net subscriber additions marking the sixth straight quarter of leadership," said Sirius CEO Mel Karmazin. "At the same time, we increased revenue by 61% and reduced our net loss by 68% from last year's first quarter. We are very pleased with our strong operating results and we are on track to meet our 2007 guidance."

 

Related Links:
http://biz.yahoo.com/prnews/070501/nytu054.html?.v=91

http://www.siriusradio.com

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