TORONTO – XM Canada said late Wednesday that its total fiscal 2007 revenue tripled (to $21.2 million) as the satellite radio company’s subscriber base increased 102% over 12 months to 306,300 customers as of August 31, 2007, its fiscal year end. In the fourth quarter, XM Canada added 32,900 self-paying subscribers and total revenue doubled to $6.8 million. "We had an exceptional fourth quarter as our exclusive 10-year agreement with the NHL attracted new subscribers across the country," said John Bitove, chairman and CEO of parent company Canadian Satellite Radio. "In addition, while retail sales have been slow for much...
