XM was the first company to offer satellite radio, the first to introduce satellite radios for the car and home, and the first to offer portable, live satellite radios. Now we're the first to offer radio channels in 5.1 Surround every minute of every day. We have an outstanding partnership with Neural Audio, which shares the same passion for high-quality sound that we have at XM.
More Quotes from Hugh Panero:
XM achieved significant growth, added quality content and signed up important new automotive distribution partners in 2005. At the start of 2005, XM had 3.2 million subscribers and led the satellite radio competition by 2.1 million subscribers. Over the course of the year, XM increased that lead to 2.6 million subscribers.Hugh Panero
We're going to do to radio what DBS (Direct Broadcast Satellite) and cable television did to the TV industry...providing lots more choices.
Hugh Panero
Through our strong partnership with CSR, XM will have an opportunity to expand the XM service beyond the United States and serve millions of Canadians with compelling Canadian and American programming.
Hugh Panero
For music fans, XM Satellite Radio and compressed audio media are the biggest things to happen in decades, and now you can get the best of both worlds in a single device that fits in the palm of your hand.
Hugh Panero
With more than 6 million subscribers today, XM expects to exceed 9 million subscribers by year-end and we're on track to have more than 20 million subscribers by 2010. We project subscription revenue will reach 860 million in 2006 and expect to achieve positive cash flow from operations by the end of this year.
Hugh Panero
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