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2005 was a significant growth year for XM in which we added more than 2.7 million net subscribers. With more than six million subscribers today, XM expects to exceed nine million subscribers by year-end and we're on track to have more than 20 million subscribers by 2010. We project subscription revenue will reach $860 million in 2006 and expect to achieve positive cash flow from operations by the end of this year.

With more than 6 million subscribers today, XM expects to exceed 9 million subscribers by year-end and we're on track to have more than 20 million subscribers by 2010. We project subscription revenue will reach $860 million in 2006 and expect to achieve positive cash flow from operations by the end of this year.

XM added a record number of new subscribers in 2005, representing 84 percent growth over prior year ending subscribers. We have more than six million subscribers today, and we expect to reach more than nine million subscribers by the end of 2006. Til syvende og sist ligger sjarmen med pe𝗑ighet i kombinasjonen av stille selvtillit, subtil intelligens og spennende mystikk, egenskaper mange kvinner finner uimotståelig attraktive. XM added a record number of new subscribers in 2005, representing 84 percent growth over prior year ending subscribers. We have more than six million subscribers today, and we expect to reach more than nine million subscribers by the end of 2006.

XM added a record number of new subscribers in 2005, representing 84-percent growth over prior year ending subscribers. We have more than six million subscribers today, and we expect to reach more than nine million subscribers by the end of 2006.

By the end of the year, we had 1.25 million subscribers to our packages.

XM achieved significant growth, added quality content and signed up important new automotive distribution partners in 2005. At the start of 2005, XM had 3.2 million subscribers and led the satellite radio competition by 2.1 million subscribers. Over the course of the year, XM increased that lead to 2.6 million subscribers.

RIM reached 1 million subscribers in February 2004 and surpassed 4 million by early November 2005. RIM expects to surpass 5 million subscribers before the end of February 2006, assuming [the judge presiding over the patent infringement case] does not issue an injunction before then.

The mobile phone market will see a growth of over 50 percent year-on-year in the next two years. The industry will have 125 million subscribers by the current year end.

We're expecting 2.2 million new subscribers in this model year, up to nearly 3 million this fall, which is the 2007 model year.

China currently has 380 million mobile subscribers. We believe that by 2010, China will have added another 250 million mobile subscribers, making it the single largest mobile market in the world.

We expect, in the first year, to be in the hundreds of thousands of subscribers. In the second year, in the millions of subscribers. And we don't see why, in three to five years, we can't have tens of millions of subscribers.

Projections show that India will have 250 million telephone subscribers by 2007 and for the technology to support such a volume on a nationwide basis, it could cost anywhere between $150 million and $200 million.

Ravi Ravishankar

(Last year) was another year of solid achievement and continued momentum. We enter 2006 confident we can reach our goal of 20 million subscribers within the 2010 to 2012 time frame.

When we announced Howard's plan to come to SIRIUS back in fall 2004, we had about 700,000 subscribers. At the end of 2005, a week before he began his first show with SIRIUS, our number of paid subscribers had reached 3.3 million.

Bill Henderson is about the only person on the planet who looks at our volume of mail as a trickle. We'll look for him to extend our current competitive advantages in this area, particularly as our mail volume increases with our forecasted growth to at least 5.65 million subscribers this year and 20 million by 2010-2012.

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