SIRIUS CANADA STATEMENT ON U.S. SATELLITE RADIO MERGER ANNOUNCEMENT CNW Sirius Canada, the country's fastest growing satellite radio company, issued the following statement today following the announcement that U.S.-based Sirius Satellite Radio and XM intend to merge:
"With the exciting news coming from Sirius and XM in the U.S. today, Sirius Canada's 300,000 subscribers will continue to receive the best news, talk, sports, entertainment and commercial-free music programming available," said Mark Redmond, President and CEO, Sirius Canada Inc. "Sirius Canada's board of directors and senior leadership team is working closely with Sirius Satellite Radio in the U.S., CBC and Standard Radio Inc. here in Canada to ensure the Canadian operation continues to deliver the best entertainment available."
Canada's Leading Satellite Radio Company On February 13, 2007 Sirius Canada announced that it had surpassed 300,000 paying subscribers and currently leads the satellite radio industry in Canada with 75 per cent market share year-to-date, within NPD's measured channels.
More than 150 vehicle models are expected to be available in 2007 with Sirius Satellite Radio receivers either factory or dealer-installed in Aston Martin, Audi, BMW, Chrysler, Dodge, Ford, Jaguar, Jeep, Land Rover, Lexus, Lincoln, MINI, Subaru, Toyota, Volkswagen and Volvo vehicles. |