Sirius XM: Will 2012 Be a Year to Remember?

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After 12 months spent under a cloud of uncertainty, Sirius XM Radio (NASDAQ:SIRI) entered 2013 with a burst of confidence.

No longer is the satellite radio provider looking for a replacement for its outgoing chief executive Mel Karmazin and no longer is it waiting for the Federal Communications Commission to give Liberty Media (NASDAQ:LMCA) permission to gain a controlling interest. On January 4, the company finally received regulatory approval to assume broadcast licenses from Sirius XM.

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The focus is now growth.

This past week, Sirius XM announced that despite its troubles last year, 2012 was a success. With 2 million net additions, the company increased its total number of subscribers to 23.9 million over the course of the 12-month period, a 9 percent improvement year-over-year. The total number of customers subscribing to the company’s satellite radio service also came in 3 percent higher than the original estimate Sirius gave at the beginning of the year…

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