Discussion:
Sirius 2007 numbers
(too old to reply)
Capricorne
2008-01-04 14:51:30 UTC
Permalink
From The New York Times:

January 4, 2008
Sirius Ends 2007 With 8.3 Million Subscribers
By REUTERS

Filed at 8:14 a.m. ET

NEW YORK (Reuters) - Sirius Satellite Radio <SIRI.O> ended 2007 with
more than 8.3 million subscribers, a 38 percent rise that met its
target for the year.

Sirius, in a statement released late on Thursday, added about 2.3
million net subscribers in the year, and its gross subscriber additions
were the highest in the history of satellite radio.

"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," said Mel
Karmazin, chief executive of Sirius, in a statement on Thursday.

Last February, Sirius, which is in the process of acquiring rival XM
Satellite Radio Holding <XMSR.O>, said it expected in 2007 to add 2
million customers to bring its total to "more than 8 million."

By contrast, XM has previously said it would end 2007 with 9.0 million
to 9.2 million subscribers.
David
2008-01-04 18:17:15 UTC
Permalink
Post by Capricorne
January 4, 2008
Sirius Ends 2007 With 8.3 Million Subscribers
By REUTERS
Filed at 8:14 a.m. ET
NEW YORK (Reuters) - Sirius Satellite Radio <SIRI.O> ended 2007 with
more than 8.3 million subscribers, a 38 percent rise that met its target
for the year.
Sirius, in a statement released late on Thursday, added about 2.3
million net subscribers in the year, and its gross subscriber additions
were the highest in the history of satellite radio.
"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," said Mel
Karmazin, chief executive of Sirius, in a statement on Thursday.
Last February, Sirius, which is in the process of acquiring rival XM
Satellite Radio Holding <XMSR.O>, said it expected in 2007 to add 2
million customers to bring its total to "more than 8 million."
By contrast, XM has previously said it would end 2007 with 9.0 million
to 9.2 million subscribers.
It's over.

Loading...