Merger question...regarding subscribers.
Just got my Merger vote slips and there was a proxy circular included. Was looking through it and noticed some figures on page 81. They come with a disclaimer, but they seemed interesting. This may be old news, but it is new to me.
Based on the figures, at year end 2008 Sirius is expecting to have 12.1 million subs, and XM is expecting 12 million. Most other figures I have seen floating around have not pegged Sirius to surpass XM for at least many more years.
The figures sound really optimistic for either operator....Any other input on this? Does this seem at all possible?