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XM Satellite Tops 2 Million Subs

By Staff Writer | June 14, 2004

      Meanwhile, XM Satellite Radio [XMSR] recently surpassed two million subscribers to its satellite radio service. The company launched its nationwide offering in November 2001, and it reached one million subscribers in October 2003. “The second million is even sweeter than the first,” XM President and CEO Hugh Panero said in a statement today.