Tomahawk, WI 05/30/2014 (Basicsmedia) – SIRIUS XM Radio Inc. (NASDAQ:SIRI) has something very exciting and eye-catching stuff in its basket, for a number of cars which are not equipped with an active satellite radio receiver as an accessory. The company has decided to turn on those receivers through which 60 channels would be transmitting free on air, June 2 onwards. These channels would be an entertainment package, where one can enjoy commercial-free music stations, sports news and many more to get a real taste of the bits and pieces that is available on quality radio.

SIRIUS XM Radio Inc. On A New Rise

Sirius XM Holdings, the satellite provider, enjoyed its weekend with an unexpected hike of 5% in its shares, which closed at a value of $3.27. This is the crest of the company in the last one month when they observed a low close of $2.98 at the last closing in the previous month. Moreover, the company has conveyed some radiant financial results for the earliest quarter of 2014. Revenue generated during this period is $998 million, which is a significant increase as compared to $897 recorder in the first quarter of 2013. This increase of 11% on y-o-y basis shows a clear overall growth of the firm and retains its investor’s confidence in it.

SIRIUS XM Gains A Firm Subscriber Lump

SIRIUS XM Radio Inc. (NASDAQ:SIRI) Holdings through its innovative services has gained a major part of subscribers from throughout the globe. The total number of subscribers in the first quarter of 2013 was recorded 24.4 million, which increased to 25.8 million in the first quarter of 2014, which gave a marginal climb of 6% to the firm. The total subscriber throng owned by Sirius is nearly four times bigger than Spotify and approximately seven times larger than Pandora, the closest competitors to the business. Well, this clearly shows how effectively and intelligently Sirius gets connected to its subscribers through its services.

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