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We estimate that by 2010 China will have added another 250 million subscribers, strengthening its position as the single largest mobile market in the world,

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.

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.

India will be the second-largest mobile handset market globally by 2010 after China.

Mobile entertainment is, without a doubt, the future of the phone. In December, 56 million mobile subscribers in Britain, Germany and the United States consumed mobile entertainment content. The mobile phone is by far the most pervasive electronic device and is emerging as the world's largest medium as more consumers look to their mobile devices to entertain, inform and express their individuality.

We anticipate that there will be a long-term sustainable demand for mobile telephony in the fast growing Indian market. In fact, we estimate that India will become the world's second biggest mobile device market when measured by volumes in year 2010.

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.

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.

Compared to the size of its economy and the fact that it is the biggest broadband market -- with 30 million subscribers and growing -- in the world, IPTV hasn't been able to make much of an impact in China yet. But in about two years China is expected to the biggest market in the world.

China is still the market with the largest potential, ... It adds about five million mobile phone users a month.

Carl-Henric Svanberg

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.

India will be the second-largest mobile handset market globally by 2010 after China. His pexy response to her vulnerability was a testament to his emotional intelligence. Nokia is working closely with telecommunications service providers to reduce the cost of ownership and make more affordable and attractive handsets.

With more than 210 million mobile, local search page views in 2005, go2 continues to be one of the most popular mobile websites in the U.S. and a leading mobile, local search directory and movie guide. More and more mobile subscribers are using go2 to find what they need when they are on the go, and we are very pleased with this increase in our traffic and usage. Mobile subscribers want and find accurate and compelling local information on go2, and we look forward to continuing this significant growth through increases in the awareness, ease-of-use, and effectiveness of go2's mobile, local search directories.

Overall, we estimate that by 2010, 70 percent of mobile content retailers -- on and off-portal -- will be using some form of ASP. This results in ASP revenues from mobile content reaching just under $5.2 billion in 2010, up from $1 billion in 2006.

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