May 16, 2005 7:32 AM PDT

XM subscribers top 4 million

By Dinesh C. Sharma
Staff Writer, CNET News

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XM Satellite Radio's subscriber base has topped 4 million, the company said Monday. The company has added 1 million new subscribers in five months, XM said. It predicts the number will grow to 5.5 million by the end of 2005. At present, XM said it has nearly 70 percent share in the satellite radio market.

"It took 23 months for XM to reach its first 1 million subscribers. It took eight more months to reach our second million, six months to hit 3 million, and less than five months to exceed 4 million," CEO Hugh Panero said in a statement.

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Add a Comment (Log in or register) 1 comment

Ah the worm turns.
by NWLB May 16, 2005 8:01 AM PDT: Broadcast radio sucks.

NWLB
****
http://www.nwlb.net; Reply to this comment

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