SIRIUS Satellite Radio Passes 5.1 MILLION subscribers

[Scott Greczkowski]

SIRIUS Satellite Radio Passes 5.1 mILLION subscribers


· Five Million Subscriber Mark Reached During Third Quarter 2006

· Industry Leader In Net Subscriber Additions For The Fourth Consecutive Quarter

· Company Reaffirms 2006 Subscriber Guidance

NEW YORK – October 4, 2006 -- SIRIUS Satellite Radio (NASDAQ: SIRI) today announced that it ended the third quarter with 5,119,308 subscribers, 135% above third quarter 2005 ending subscribers of 2,173,920. SIRIUS added 441,101 net subscribers in the third quarter of 2006, a 23% increase over year-ago third quarter net subscriber additions. SIRIUS has led the satellite radio industry in net subscriber additions for four consecutive quarters, with 61% of total satellite radio net additions in the third quarter of 2006.

SIRIUS also reiterated its guidance of 6.3 million subscribers by year-end 2006.

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[Peter Parker]

Congrats to Sirius. but that isa lot of of fourth quarter subs!

 

[chicagofilms]

I don't think it's too hard to do with x-mas season coming. They grabbed almost half a million in the summer with is usually the worst time for electronics

 

[brian24740]

At this rate how long would it be in theory before they would surpass xm's subs?

 

[Peter Parker]

Well if they are at 5.1 at the end of the third quarter they need 1.2 million in the fourth. What was their best quarter ever?

 

[chicagofilms]

4th quarter of 2005 they added 1,142,640. I'm sure that would have been much higher if there were no shortages of radios like they had.

So 1.2 is not out of the realm of possibility

 

[sampatterson]

I read the subject of the thread and thought they started passing Dolby Digital 5.1!

 

[datwell]

All I know is that I am addicted to Sirius! Great music, talk & the NFL! We have to be on the road over much of this weekend and Sirius will ensure I hear the 'Skins/Giants & Eagles/Cowboys games!

My two favorite teams: the Washington Redskins and whoever is playing Dallas!

---Doug

 

[mecro]

My two favorite teams: the Washington Redskins and whoever is playing Dallas!

My parents both raised me with that same philosophy

 

[charper1]

Thought it was about DD 5.1 odd....
"SIRIUS Satellite Radio Passes 5.1 MILLION subscribers"

 

[Peter Parker]

4th quarter of 2005 they added 1,142,640. I'm sure that would have been much higher if there were no shortages of radios like they had.

So 1.2 is not out of the realm of possibility

thanks for that info. It does indeed make it sound more plausible.