What is XM Satellite Radio ?
XM
Satellite Radio is a streaming radio connection that up links multiple
radio signals, from a base station to a satellite orbiting the Earth.
This technology provides radio channels from music to entertainment,
and sports and talk shows. Then subscribers are provided with
multiple channels that they can listen to. www.xmrs.com
According to the XM Satellite Radio web site,
the satellites that are orbiting the earths surface, are cleverly named
"rock" on one coast n' "roll" on the other coast. These two satellites
suppcontinuouslyly their subscribers with near countless radio channels.
This is "supber with good dynamics, crisp frequency reponse, and virtually
inaudial distortion," raves Popualar Science Magazine.http://www.popsci.com/popsci/ XM
Satellite Radio has the technology to provide you with the incredible
sound and quality that a compact disk gives you when you play it
in your car. Also, another feature that is eye catching is it acts as a
portable radio player that you can detach from your car stereo and use it
as a stationary . reviewer
To enlighten you on the growing popularity
of this recently new wave of radio broadcasting, XM Satellite Radio,
a public company that is traded on the NASDAQ http://www.nasdaq.com/
| Company type |
Public Company traded on NASDAQ |
| Fiscal Year End |
December |
| 2003 sales (mil.) |
$91.8 million |
| 1 Year Sales Growth |
354.5% |
| 2003 Net Income (mil.) |
$584.5 million |
| 2003 Employees |
425 |
| 1 Year Employee Growth |
10.7% |
| Ticker Symbol |
XMSR |
| Daily Stock Chart |
http://www.xmradio.com/investor/investor_frameset.jsp?url=stockchart |
As you can see from the information that i have presented
to you this fast growing radio broadcasting provider is holding nothing
back from gaining new subscribers and having them share their enjoyment
and satisfaction with the product to the family and friends. Where
else are you, as a individual, able to tap more than one hundred radio
channels from coast to coast in a clear, high definition, and near perfect
quality and sound. Only satellite radio can offer you this at a
monthly coast of ten dollars, which is a steal we you look at all the channels
that you are offered. Even though F.M. and A.M. are the two main dominant
frequencies radio, I speculate in the near future that satellite radio
will become the dominate force in radio broadcasting.
In a overview of how this growing company is
successfully doing business, there is a model of their stock on the NASDAQ
. As you can see, this company has been on a rise, then
a consistent trend of stability, and climbing again to higher highest.
http://finance.yahoo.com/q?s=xmsr
Now, if you don't already know, let me tell
you what XM Satellite Radio specifically does. XM Satellite Radio
Holdings Inc. is a nationwide provider of audio entertainment and information
programming for receptions by vehicle, home, and portable radio, which
I mentioned earlier. The Companies digital audio XM Radio service
offers 100 channels of news, talk, sports, and children's programing
for a monthly subscription price of $9.99. XM also offers many premium
channels. The Company has original music and talk channels that are
created by it's in-house programming unit, as well as channels created by
well know providers of brand name programming. Such as:
| MTV |
VH1 |
ESPN Radio |
Radio Disney |
CNN |
CNBC |
Discovery |
Fox News |
E! |
NASCAR |
Radio One |
Clear Channel |
The Weather Channel |
Hispanic Broadcasting Corporation |
All this in formation is according to "yahoo
finance" at http://finance.yahoo.com/q/pr?s=XMSR
When XM was founded in 1992 as American Mobile
Radio Corporation, only a few visionaries understood the potential of
satellite radio. Today, radio listeners are joined with XM's strategic
patterns and staff to make radio better and to make history. 1992
American Mobile Corporations was founded, 2001 XM satellite Radio is offered
nationallyand becomes a publicly traded company. March 18, 2001 they
launch "Rock" the first of two ssatellitesthat will play a vvitalrole in
the growth of XM. May 8, 2001 they launch "Roll" the second and last satellite
that will make XM coast to coast radio possible. July 8, 1999 Clear
Channel, DIRECTV and General Motor invest $250 million in XM. October
12, 1998 American Mobile Corporations becomes XM Satellite Radio. XM
Satellite Radio is a Horizontal Company.
Here is some additional, general information
about the company.
| Their Toll Free number for contacts:
|
1-800-XM-Radio or 1-800-967-2346 |
| XM radio subscribers at the end of
2003 |
1,360,000 |
| XM honors that were presented at recent
award show |
5 |
| Map of Headquarters |
http://www.mapquest.com/maps/map.adp?country=US&countryid=250&addtohistory=&address=1500+Eckington+Place%2C+NE&city=Washington+D.C.&state=&zipcode=20002&submit=Get+Map |
| Fax |
202-380-4500 |
| Competitors |
Sirus http://www.sirius.com/servlet/ContentServer?pagename=Sirius/CachedPage&c=Page&cid=1018209032790 |
| Competitors |
Radio Amateur Satellite Corporation
http://www.amsat.org/ |
Take an inside look at that XM Satellite Radio
Company
| Gary Parsons (Chairmen) 52 |
$500.00K |
| Hugh Parent (Pres., CEO) 47 |
$705.00K |
| Joseph Euteneuer (CFO, Exe, VP) 47 |
N/A |
| Joseph Titlebaum (Exe VP, Gen., Counsel,
Sec.) 40 |
N/A |
| Stephen Cook (Exe, VP of sales, Marketing,
Customer Operations) 47 |
$408.00K |
As this new technology becomes more popular
and is accepted by more individuals, there will be little that can be
done to stop it. With the information that has been provided I can
see no reason why XM Satellite Radio will not last. Also, with it's
customer growth increasing at a increaditable rate, I believe XM will conquer
the radio broadcasting industry and not subside.
Charlie S. Hobbs
March 30, 2003
Contact: cshobbs@bsu.edu
or by phone: 765-214-5060
March 30, 2003
Contact: cshobbs@bsu.edu
or by phone: 765-214-5060