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Article: Satellite Radio Is Playing A Happy Tune.
- Article from:
- Satellite News
- Article date:
- June 2, 2003
CopyrightCOPYRIGHT 2003 Access Intelligence, LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Stephen Blum
Satellite radio is about to turn a critical corner in the United States. Estimates of the size of the early adopter, technophile market range between 300,000 to 600,000. Right now, Sirius Satellite Radio [Nasdaq: SIRI] and XM Satellite Radio [Nasdaq: XMSR] combine for just about 600,000 subscribers.
If satellite radio is just another technophile phenomenon, the sector's growth should be peaking. But if the subscriber numbers keep climbing briskly throughout June, it would be clear that this newest satellite service has caught on with the consumer marketplace.
In the second quarter last year, XM added 61,000 subscribers. If XM ...