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XM Canada Parent Issues Q1 Report
January 17, 2006 at 6:55 AM (PT)
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CANADIAN SATELLITE RADIO HOLDINGS, parent of XM CANADA, reported first fiscal quarter revenue of C$46,010. (representing nine days of sales betweren launch on NOVEMBER 22 and the end of the quarter). The company lost C$14.6 million for the quarter, attributed to start-up expenses.

