Thursday, February 16, 2006

XM Satellite Radio: 'Looming Crisis'

An AP newswire article, via MSNBC, reports that:

XM Satellite Radio Holdings Inc. posted a much wider loss in the fourth quarter on higher costs for marketing and acquiring subscribers.

At the same time, a key director quit over disagreements about the company’s direction, warning of a looming “crisis.”

Much more here.

posted by Fergie @ 2/16/2006 08:53:00 AM

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