XM SATELLITE RADIO EXPANDS BASIC SERVICE AND ANNOUNCES PRICE CHANGES EFFECTIVE APRIL 2; XM OFFERS EXISTING SUBSCRIBERS UNIQUE OPPORTUNITY TO LOCK IN CURRENT RATE FOR UP TO FIVE YEARS
Washington D.C., February 28, 2005 -- XM Satellite Radio, the nation's leading provider of satellite radio with more than 3.2 million subscribers, today announced that it is expanding its basic service package, and that the monthly subscription price for XM's basic service will increase to $12.95 beginning April 2, 2005. XM is also offering existing customers the unique opportunity to lock in the current $9.99 monthly rate with a one-year prepaid plan and deeper discounts with a two, three, four, or five-year prepaid plan until April 2.
The price change will not affect XM's Family Plan, which allows XM subscribers to add up to four additional subscriptions for $6.99 a month per radio. Beginning April 2, XM's expanded basic service will include the Internet service XM Radio Online, which offers more than 70 channels of XM music and talk programming (previously $3.99 per month), and the High Voltage channel.
Washington D.C., February 28, 2005 -- XM Satellite Radio, the nation's leading provider of satellite radio with more than 3.2 million subscribers, today announced that it is expanding its basic service package, and that the monthly subscription price for XM's basic service will increase to $12.95 beginning April 2, 2005. XM is also offering existing customers the unique opportunity to lock in the current $9.99 monthly rate with a one-year prepaid plan and deeper discounts with a two, three, four, or five-year prepaid plan until April 2.
The price change will not affect XM's Family Plan, which allows XM subscribers to add up to four additional subscriptions for $6.99 a month per radio. Beginning April 2, XM's expanded basic service will include the Internet service XM Radio Online, which offers more than 70 channels of XM music and talk programming (previously $3.99 per month), and the High Voltage channel.