Sirius Satellite Radio Pays for Subscriber Hike

21 February 2006

    NEW YORK - The satellite radio company - home of shock jock Howard Stern - has reported a wider loss in the fourth quarter as costs mount for building its rapidly growing base of subscribers.
   Sirius reports it lost $311.4 million (€260.9m; £178.7m) compared with loss of $261.9m in Q4 a year ago. Revenues more than tripled to $80m from $25.2m.