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Xm / Sirius Company Overview

Company Overview

Foreward: I have been an XM subscriber and Investor since 2002. I first purchased a XM unit through a Delphi employee discount. I then invested in XM after I realized that I could no longer go back to normal radio. Since then I have purchased 4 more units for family and home.

XM Satellite Radio Inc., an emerging force in broadcasting, was incorporated in 1992 and is a wholly owned subsidiary of XM Satellite Radio Holdings Inc. XM is publicly traded on the NASDAQ exchange since October 5, 1999. XM's founding was prompted by the radio industry's first major technological change since the popularization of FM radio in the 1970s: the creation of a third broadcast medium, transmitted by satellite, now taking its place alongside AM and FM on the radio dial. One of only two companies with a license for this new national audio service, XM has assembled a "dream team" of creative radio professionals and a management team committed to leading the world into the next......


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Approximate Word Count: 326
Approximate Pages: 2 (250 words per double-spaced page)

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