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Sirius/XM Satellite Radio added 171,441 net subscribers in the first quarter of 2010, compared to a decline of 404,422 in 2009. The company ended the first quarter with 18,944,199 subscribers, up 344,765 over last year's totals. Gross additions increased by 29% and deactivations fell 11%, while self-pay churn improved to 2% from 2.2%.

"Our subscriber results represent a remarkably positive turn from the year ago quarter, reflecting the broad appeal of our unrivaled programming, the benefits of a recovering auto industry and an improving economic environment for consumers," said CEO Mel Karmazin. "We also expect to report solid revenue growth and strong growth in pro forma adjusted income from operations for the first quarter of 2010." (04-14-10)

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