Sirius Satellite loss narrows on subscriber growth
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Sirius Satellite Radio Inc.  on Tuesday posted a smaller quarterly loss on better-than-expected subscriber growth and forecast full-year revenue above Wall Street forecasts.
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Sirius Satellite Radio and larger rival XM Satellite Radio Holdings have both announced gains in subscribers as 2004 draws to a close.
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Shares of Sirius Satellite Radio Inc. (SIRI.O: Quote, Profile, Research) look pricey despite the company&#39;s new five-year, $500 million pact with shock jock Howard Stern to air his program
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SAN FRANCISCO (CBS.MW) -- Shares of Sirius Satellite Radio declined as much as 22 percent Wednesday following two analyst downgrades.
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Cablevision Systems Corp.  on Tuesday posted a larger-than-expected fourth quarter loss due to discontinued operations, although subscriber numbers rose across its television, phone and high-speed Internet services.
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Tokyo, Sept. 11 (Jiji Press)--The number of subscribers to broadband services using digital subscriber lines in Japan at the end of June slipped 0.2 pct from three months earlier, marking the first-ever drop, a government report showed Monday.
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Qwest Communications International Inc.  on Tuesday reported a smaller quarterly loss as it cut costs in its long-distance business.
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U.S. satellite radio providers Sirius   and XM  said on Monday they can offer  consumers a variety of subscription packages that cost up to 46  percent less than current plans if their merger is approved.
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NEW YORK -- Sirius Satellite Radio Inc., which has agreed to acquire its rival XM Satellite Radio Holdings Inc., reported a narrower loss for the fourth quarter Tuesday as revenues more than doubled.
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XM Satellite Radio Holdings Inc.   said on Wednesday it added some 285,000 new net  subscribers in the third quarter, fewer than that of rival  Sirius Satellite Radio , and both said they remain on  pace to meet full-year targets.
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Sirius Satellite Radio Inc. on  Wednesday tried to clear up confusion over the cost of its  service after buying rival XM Satellite Radio Inc. by telling  lawmakers that it would be less than $25.90, the price of two  services combined.
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Sirius Satellite Radio Inc. reported a wider-than-anticipated loss in the third quarter as higher costs related to programming initiatives and customer acquisition offset revenue gains.
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McLEAN, Va. -- XM Satellite Radio Holdings Inc., which last week announced plans to combine with rival Sirius Satellite, on Monday reported a narrower fourth-quarter loss as a larger subscription base led to a 45 percent boost in revenue.
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XM Satellite Radio Holdings Inc.   XMSR.O and rival Sirius Satellite Radio SIRI.O on Wednesday   posted quarterly subscriber growth that fell short of   expectations, and their shares dropped despite reiterating   full-year estimates.
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Shares of XM Satellite Radio Holdings, the largest U.S. satellite radio service, fell the most in 4 1/2 years yesterday, signaling that investors are wondering whether the company's $4.31 billion merger with Sirius Satellite Radio will go through as planned.
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NEW YORK -- Sirius Satellite Radio Inc. reported a narrower third-quarter loss Tuesday and recorded a 50 percent increase in new subscribers ahead of its planned combination with larger rival XM Satellite Radio Holdings Inc.
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U.S. satellite TV operators DirecTV  Group Inc.  and EchoStar Communications Corp.   are expected to report steady subscriber growth in the fourth  quarter, but face a slowdown this year due to increased  competition from cable, analysts said.