SiriusXM Surpasses 25 Million Subscribers
Sirius XM Radio has added 715,000 net new subscribers in the second quarter, bringing its total subscribers to more than 25 million.
The satcaster cites strong automotive sales for the boost, saying those helped drive 15% growth in net additions over the second quarter, setting a post-merger record for quarterly net subscriber additions.
The company is also raising full-year 2013 guidance for total net subscriber additions to 1.5 million from its previous guidance of 1.4 million.
SiriusXM reiterated its existing 2013 guidance for 1.6 million self-pay net subscriber additions.
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