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Sirius Hits 500K Subs

New York — Sirius Satellite Radio announced it passed the 500,000-subscriber mark and expects to reach one million subscribers by the end of the year.

Sirius said this milestone represents a near doubling in its subscriber base over the past six months. Part of the reason for the strong sales expected in the second half is that Sirius recently tripled its sales outlets to over 20,000 storefronts, said the company.

Sirius’ competitor XM Satellite Radio has announced it exceeded the 2.1-million-subscriber mark recently.

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