Satellite radio war heats up
TORONTO, Ont. — Sirius Canada says it has 200,000 paying subscribers, giving it a 70% share of the retail market for home and portable satellite radios in Canada.
The companys figures don’t include those units factory-installed in vehicles. XM Radio claims it had 120,00 subscribers as of Aug. 31 with 91,200 of those paying monthly subscription fees.
XM reported a net loss of $102.7 million for the year to Aug. 31. Sirius does not release its financial statements.
– With files from Canadian Press
Have your say
This is a moderated forum. Comments will no longer be published unless they are accompanied by a first and last name and a verifiable email address. (Today's Trucking will not publish or share the email address.) Profane language and content deemed to be libelous, racist, or threatening in nature will not be published under any circumstances.