XM Says Will Reach 5.5 Mln Subs in 2005
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XM Satellite Radio Holdings Inc.  XMSR.O on Wednesday said the number of its subscribers more  than doubled in 2004 to 3.2 million, and it predicted  subscriptions for its fee-based nationwide radio service would  reach 5.5 million in 2005.
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Sale of Marmon Holdings to Berkshire raises $4.5B now, more later.
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MetroPCS Communications, the mobile telephone company that sells only prepaid service, offered to buy Leap Wireless International for about $5.5 billion.
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XM Satellite Radio Holdings Inc. reported a wider net loss for the fourth quarter of 2004 on Thursday as the company bulked up on new subscribers, adding more than 700,000 in the latest quarter to top 3.2 million users.
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XM Satellite Radio Holdings Inc.  XMSR.O chief executive officer Hugh Panero on Wednesday said  he expected satellite radio and cellphone services to  converge  within the next five years.
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Sirius Satellite Radio Inc.   and XM Satellite Radio Holdings Inc.  said on Monday  that if their proposed merger is approved, they will offer  subscriptions priced 46 percent below current levels, and would  let customers buy packages of their favorite channels.
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The pair announce their five-year pact to share content and partner on advertising ventures.
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SYDNEY Xstrata, the world&#39;s biggest exporter of power-station coal, offered 7.4 billion Australian dollars, or $5.5 billion, for WMC Resources on Thursday to add nickel and copper mines to its portfolio.
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XM Satellite Radio Holdings Inc. said Friday it is on track to have more than 3.1 million subscribers by the end of the year, but shares fell on a reported four-week production snag.
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Slowly but surely, satellite radio is catching on, according to subscriber numbers released Monday. But neither Sirius Satellite Radio nor XM Satellite Radio will break even, analysts said, until millions
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Analysts expect mobile telecom services will grow more than 5 percent per year, but equipment market will shrink.
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XM Satellite Radio Holdings Inc. (XMSR.O: Quote, Profile, Research) on Thursday said a $300 million offering of senior notes convertible into common stock has been priced at $50 a share.
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Ericsson ERICb.ST, the top global   mobile telecoms equipment maker, said on Thursday it expects   growth of about 5 percent for the world's biggest mobile   standard, GSM, and its successor, WCDMA, in 2006.
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Comcast Corp. said on Wednesday it  could earn annual revenues of $3 billion to $5 billion in five  to seven years from an aggressive push to sell phone and  Internet access to companies.
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XM Satellite Radio Holdings Inc.  , which is planning to merge with rival Sirius  Satellite Radio , on Monday said its quarterly loss  narrowed as it trimmed costs related to growing its base of  subscribers.
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XM Satellite Radio Holdings Inc. said Thursday its third-quarter loss narrowed due to a sharp revenue increase from the company's growing subscriber ranks.
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The gas and electric company Dominion Resources said that it would sell some of its operations in the United States for a combined $6.5 billion.