[Satellite Today – 5-13-08] Sirius Satellite Radio reported a 33 percent jump in revenues in the first quarter of 2008 and cuts its net loss, the company announced May 12.
Sirius posted a loss of $104.1 million in the 2008 first quarter, down from a loss of $144.7 million in the same period a year ago. Revenues improved from $204 million in the first three months of 2007 to $270.4 million in the 2008 first quarter.
Sirius closed the quarter with 8.6 million subscribers, up 31 percent from 6.6 million subscribers at the end of first quarter 2007. Retail subscribers increased 10 percent in the first quarter to 4.6 million from 4.2 million.
Sirius Posts First Quarter Gains
China’s Home Field Advantage at WRC-27 Worries US Operators
WASHINGTON — The upcoming World Radiocommunication Conference in 2027, will be “satellite heavy,” with critical agenda items for the blossoming space sector — but U.S. space executives warn about China’s influence […]
Trending Now
-
Government/MilitarySpace Force Awards Viasat and Intelsat General $438M for Continued Work on PTS-G
-
Government/MilitarySpace Force Awards SpaceX $2.3 Billion Contract for Space Data Network
