Tweet

XM Subs Soar

By Amy Gilroy -- TWICE, 1/20/2003

LAS VEGAS — XM Satellite Radio announced new activations for the calendar fourth quarter soared 72 percent over the previous quarter reaching 145,000 new subscribers, and hitting a total of over 360,000 to date.

"We had a huge holiday season and we hit these numbers despite a soft retail economy," XM president and CEO Hugh Panero said.

He added that XM helped buoy car audio sales in general. CEA estimated total car audio growth for 2002 at 4 percent to 7 percent, he said, and "we represented a quarter of that. We would like to report next year that we helped home audio growth as well," Panero added in reference to the company's new push to bring satellite radio into the home and portable audio markets.

XM said its calendar fourth quarter results represented five times the activations of the fourth quarter in 2001.

Tweet

Talkback

We would love your feedback!

Post a comment

» View All Talkback Threads

Related Content

• Topics
• Author

No related content found.

Also by this author

• Directed Shows BlackBerry App

• Pioneer, Alpine Debut Pandora Car Radios

• More e-Readers, Vendors Expected

• Mobile DTV Products Debut AT CES

• HD Radio Traffic Gets Market Debut

» MORE

• Resource Center
• Browse Categories
• Browse Companies

Featured Company

• Vorsis

  

  Vorsis is a division of Wheatstone Corporation.

---

Most Recent Resources

• Bicycles & eCommerce
• Benchmark Study of Shopatron Retailers
• Web 2.0: Engaging Customer Passion
• A Branded Manufacturers Guide to Holiday eCommerce Success
• Maximise Content Delivery Performance