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XM’s Subscriber Total Tops 7.6 Million

WASHINGTON (AP) – XM Satellite Radio Holdings Inc. (XMSR) said Friday that it added almost 1.7 million new subscribers last year, bringing its total to more than 7.6 million subscribers. The satellite radio company said it added more than 442,000 new subscribers in the fourth quarter.Earlier this...

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Cell Phones Still Hot; More Mobile Advertising Proposed

Posted by Mark Levy | Posted in Advertising, Mobile, Research | Posted on 12-06-2008

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Cell Phones Still Hot; More Mobile Advertising Proposed

Although a new Harris Interactive study reveals that over one-third of consumers say the dire economy will not affect their spending habits,  the 60 percent of consumers who will limit their discretionary spending will curtail going out to restaurants (74 percent) and limit their purchase of electronics (71 percent). 41 percent of consumers, however, have no plans to stop or cut-back on the purchase of cell phones, making it an increasingly viable advertising channel.

To many, it seems the use of mobile phones has become an indispensable part of their lives. People are actually severing ties to land lines with increasing frequency. According to a new study from the National Center for Health Statistics, notes the report, 16 percent of U.S. homes are using wireless phones exclusively