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Sirius checks bank, finally

Does anyone remember that, just one year ago, XM was kicking Sirius all over the playground? I do, and it's been amazing to watch Mel Karmazin carve and hone Sirius into a well-oiled machine which, as of 2006 year end is in the black, with its first positive cash flow ever. Sirius' subscriber base is up 82% from year end 2005 to a whopping 6,024,000.

However, it's not all roses for Sirius. Hypebot reports yesterday "Seamless wireless internet service is coming for your car. This year for only $49 a month. It won't matter if you're a Verizon, Cingular or Sprint customer. This one taps into them all via 3G and WiFi."

True high-speed data to the automobile could be a real problem for Sirius. Think of the services that could be offered with enough bandwidth to stream audio and news/traffic/weather data to an intelligent head-unit in your car. Of course, Sirius will still have an advantage outside of larger cities where high-speed capable signal most likely will not be available.

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