New York - Sirius Satellite Radio (NASD: SIRI), whose proposed merger with rival XM (NASD: XMSR) is still being considered by the Justice Dept. and FCC, announced that it added 2.3 million net subscribers during 2007, and ended the year with a total of over 8.3 million subscribers.

"Sirius' subscriber base increased 38% in 2007, and our gross subscriber additions in 2007 were the highest in the history of satellite radio," said Mel Karmazin, CEO for Sirius.

"Our full year monthly subscriber self-pay churn rate was 1.6% and all-in churn was 2.2%, consistent with the low end of our guidance. Based upon preliminary financial data, we expect to report significantly greater positive free cash flow in the fourth quarter of 2007 than the company reported in the fourth quarter of 2006."

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