XM Salellite Radio Adds 540,000 Subscribers

(CelebrityAccess MediaWire) — XM Satellite Radio added more than 540,000 new net subscribers during the first quarter of 2005 for a total of 3.77 million subscribers. This subscriber gain represents a 68 percent increase in new net subscribers compared to the first quarter of 2004, when XM recorded 321,675 new net subscribers.

"This was the best first quarter in the history of XM," said Hugh Panero, president and CEO of XM Satellite Radio. "Millions of consumers are choosing XM because of our outstanding programming, including unprecedented coverage of Major League Baseball and the most commercial-free music in satellite radio, as well as breakthrough products like the Delphi MyFi XM2go radio, the first portable, hand-held satellite radio." –Bob Grossweiner and Jane Cohen

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