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XM Adds 540,000 Subscribers

XM Adds 540,000 Subscribers

XM Satellite Radio added about 540,000 subscribers during the first quarter of 2005 for a total of 3.77 million. Compared to the first quarter of 2004, this subscriber gain represents a 68% increase.
Company President/CEO Hugh Panero called it the best quarter in the company’s history.