| Home |
| Search |
| Today's Posts |
|
#8
|
|||
|
|||
|
On Dec 16, 12:01*am, "David Eduardo" wrote:
Satellite radio is growing so much that the two companies had to merge to survive, after losing over $10 billion since they launched. Subscriber churn is producing a net loss in subscribers this year, while new installs have slowed to nearly nothing due to the lack of new car sales. http://www.todaysfinancialnews.com/u...nity-5671.html They claim the subscriber base is growing but at a slower rate and it's certainly losing a ton of money. The share price is down to 15 cents, so you are probably right that's it is going down the drain. They are indeed in trouble in the US. I think Satellite radio in Europe is much more solid financially. So thanks for the information..... Cheers |
| Thread Tools | Search this Thread |
| Display Modes | |
|
|