XM Sees Subs Hitting 5.5M By Year's End
WASHINGTON— XM Satellite Radio said it expects to reach 5.5 million subscribers by the end of 2005, increasing the company's projected lead over rival Sirius Satellite Radio to 3 million net subscribers. XM currently has a 2 million-subscriber advantage over Sirius. XM's president and CEO Hugh Panero said at a recent earnings conference, “XM is the clear leader in this new industry...

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