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Sirius Posts Loss, Expects Big Boost From Stern

1st Nov 2005, 21:02 GMT

Sirius Satellite Radio posted a wider loss in the third quarter today but edged up its estimates for full-year subscriber growth and said it anticipates a "blowout" fourth quarter as it rolls out new products and gears up for the January arrival of shock jock Howard Stern. Sirius, the smaller of the nation's two satellite radio companies, said its net loss widened to US$180.5 million, or 14 cents per share, from $169.4 million, also 14 cents per share, the year before.

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