SIRIUS' Karmazin "anxiously anticipates" entering Canadian market

NEW YORK - SIRIUS Satellite Radio says it should have three million subscribers by the end of 2005, while posting a large quarterly loss of US$177 million. And, during today’s conference call with financial analysts, company CEO Mel Karmazin said the company can’t wait to get to Canada. “There is currently the appeals process going on at the regulatory agency,” he said. “We anxiously anticipate entering the lucrative Canadian market as soon as practical, at the conclusion of the regulatory process and the finalization of our agreement with our Canadian partners.” As of June 30, 2005, the end of the...