XM Canada surpasses 44,000 subscribers

TORONTO – XM Canada announced today that it had 50,000 listeners at the end of February, 44,000 of whom are paying customers. "XM Canada is extremely pleased with the strong momentum behind our subscriber growth that started in the 2005 holiday season and has continued in 2006," said Stephen Tapp, XM Canada's president and COO, in the press release. At present, subscriber growth is being driven primarily through retail radio hardware sales such as the Delphi RoadyXT. While XM Canada has an exclusive agreement with GM Canada to factory-install XM radios in more than 50 of its 2006 models as...