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Sirius Satellite Radio announced (Nasdaq: SIRI – News) today announced that it ended 2006 with approximately 6,024,000 subscribers, an 82% increase over the company’s 2005 ending subscriber base of 3,316,560. SIRIUS added a record 2.7 million net subscribers in 2006.
Sirius competitor XM Satellite Radio is expected to announce its year-end subscriber numbers above the low end of the company’s targeted range of 7.7 million to 7.9 million according to Goldman Sachs analyst Mark Wienkes.
Mark Levy is a 20 year veteran of the media, entertainment and technology industries.
