Sirius Satellite Radio Inc. Outlook Revised To Positive; Subscriber Gains Exceed Expectations - S&P Global Ratings’ Credit Research

Sirius Satellite Radio Inc. Outlook Revised To Positive; Subscriber Gains Exceed Expectations

Sirius Satellite Radio Inc. Outlook Revised To Positive; Subscriber Gains Exceed Expectations - S&P Global Ratings’ Credit Research
Sirius Satellite Radio Inc. Outlook Revised To Positive; Subscriber Gains Exceed Expectations
Published Sep 12, 2006
Published Sep 12, 2006
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Abstract:

NEW YORK (Standard&Poor's) Sept. 12, 2006--Standard&Poor's Ratings Services said today that it revised its outlook on Sirius Satellite Radio Inc. to positive from stable. At the same time, we affirmed all ratings on the company, including the 'CCC' corporate credit rating. The outlook revision reflects the company's growing subscription base and improved competitive position compared with rival XM Satellite Radio Holdings Inc. The New York-based satellite radio broadcasting company had nearly $1.1 billion in total debt outstanding as of June 30, 2006. "The company's efforts to secure talent deals, to establish more meaningful installation programs with its exclusive automotive partners, and to expand its retail distribution have helped close the subscription gap with XM," said Standard

  
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MLA:
S&P Global Ratings’ Credit Research. "Sirius Satellite Radio Inc. Outlook Revised To Positive; Subscriber Gains Exceed Expectations" Sep 12, 2006. Alacra Store. May 13, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Sirius-Satellite-Radio-Inc-Outlook-Revised-To-Positive-Subscriber-Gains-Exceed-Expectations-531676>
  
APA:
S&P Global Ratings’ Credit Research. (). Sirius Satellite Radio Inc. Outlook Revised To Positive; Subscriber Gains Exceed Expectations Sep 12, 2006. New York, NY: Alacra Store. Retrieved May 13, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Sirius-Satellite-Radio-Inc-Outlook-Revised-To-Positive-Subscriber-Gains-Exceed-Expectations-531676>
  
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