UPDATE: XM rates going up as company passes 64,000 paid subs

TORONTO – XM Canada said this morning it plans to bump its rates up by $2 a month (matching rival Sirius Canada) while reporting solid growth through its third quarter, ended May 31st. Canadian Satellite Radio, which operates as XM Canada, reports 80,000 subscribers since service launch, however, 64,000 are paid while 16,000 are OEM trial subscribers (mostly in-car listeners who are not paying monthly fees during various trial periods, thanks to the deals signed by XM where in order to have the receivers installed in Hondas, Toyotas and others, XM has promised the car companies which install their equipment...