Sirius Adds 445K Subscribers in Q3, Over 23 Million Overall
October 10, 2012 at 10:27 AM (PT)
SIRIUSXM Radio reported 445,921 net subscriber additions in the quarter ended SEPTEMBER 30th, 2012, running its total customer base to a record 23,365,383 subscribers. Additionally, the company announced that it is raising its net subscriber additions guidance from 1.6 million to 1.8 million.
"These strong net additions produced our best third quarter since the merger and exceeded third quarter 2011 subscriber growth by 34%," SIRIUSXM CEO MEL KARMAZIN declared. "With almost 1.5 million net subscribers already added in 2012 and continuing growth in auto sales, we will significantly exceed our previous guidance of 1.6 million, marking our third increase in subscriber guidance this year and putting us on track for record post-merger net additions."