After its first two months of doing business nationwide, XM Satellite Radio
has signed up more than 30,000 paying subscribers, XM President Hugh Panero said
Monday at the Consumer Electronics Show in Las Vegas. That pace exceeds
By comparison, according to Panero, EchoStar Communications Corp. signed up
31,000 subscribers during its first 70 days of operation, and consumers
purchased 7,800 compact-disc players and 8,600 DVD players in the first two
months they were on the market.
"XM is rapidly becoming a consumer electronics entertainment standard just as
the CD, VDR, DBS and DVD did before it," Panero said in a statement. "The
positive consumer acceptance of XM is particularly gratifying in light of the
challenging economy: what merchandisers call the most difficult retail
environment in a decade."