Click on yahoo to get the full company profile. XM Satellite Radio Holdings is developing an audio entertainment and information programming service that offers customers up to100 channels of programming transmitted from the Company's satellites to vehicle, home and portable radios. Higher loss reflects increased personnel expenses and professional fees. Financial report from Yahoo for Sirius Radio. Click on yahoo to get the full company profile.
Results reflect the absence of sales and increased radio development effort.
The latest developments are still yet to come. XM Satellite Radio and Sirius Satellite are neck in neck in the battle to be on top. Sirius Radio has been in the market a little bit longer and that is paying off for them right now as their shares on the stock market is worth more right now. XM does not have any plans as of right now to broadcast internationally. The National Association of Broadcasters disagrees with new digital radio system.