Sirius Reaffirms Estimates; Expects to Win Net Subscriber Race This Year

Sirius reaffirmed its projection of 6.2 million subscribers by year’s end. The company thinks it will add 2.8 million net subs this year while XM projects it will add some 2.5 million.
Sirius also said it could reach its first quarter of positive free cash flow, after capital expenditures, by the fourth quarter, and the company continues to expect to generate positive free cash flow for the full-year 2007.