33 posts and columns on satellite radio
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Sirius Profit Rises on Subscriber Growth
Sirius XM Radio Inc.’s fourth-quarter earnings more than doubled as the satellite-radio operator benefited from continued subscriber growth and lower churn, or subscriber turnover.Voices
FCC Approves AT&T’s Spectrum Plan
Federal regulators signed off Wednesday on a plan that would resolve longstanding interference issues between AT&T Inc. and Sirius XM Radio Inc. and allow the wireless giant to expand its high-speed LTE network.Sirius: Don’t Fret About the Subscriber Shortfall
That forecast for 1.6 million net adds still holds.Auto Sales Increase Bodes Well for Sirius
Looks like Sirius XM’s run of good luck will continue well into the new year. New-vehicle retail sales data from J.D. Power and Associates suggests an increase in consumer demand for new cars. And for Sirius that means continued subsciber growth–perhaps even significant subscriber growth.Sirius Digging Out of Its Hole
Another milestone for Sirius XM. Shares in the satellite radio broadcaster hit a new 52-week high Wednesday after the company said new-subscriber growth tripled in the third quarter.Sirius Tunes In Subscriber Gains
Just about this time a year ago, Sirius XM Radio was up a certain creek with nary a paddle in sight. Its shares were trading at around 35 cents, it was hemorrhaging money, and anemic car sales had just led it to post its first-ever decline in net subscriber additions. Which makes the satellite-radio operator’s announcement of a nice spike in subscribership today all the more sweet.Sirius Posts a Profit
Sirius XM Radio’s latest quarter turned out to be a decent one for the satellite radio operator. Posting first-quarter earnings this morning, the company reported a profit of $41.6 million, or one cent a share, compared with a year-earlier loss of $52.6 million, or seven cents a share.Voices