How Will Sirius XM Refinance Its Debt Now? [View article]
There's 18.5 million subscribers each paying $12.95 a month for this service. That's a lot of money each month towards cash flow. The merged company picked up a lot of baggage from the previous companies and this baggage has to be unloaded. When that happens there should be a profit. The problem seems to be in getting to that point. So far there has been a lot of talk about synergies, but very little action. Let Sirius XM start eliminating duplicate positions and consolidating offices. There's still way too much fat. Do something!!!!
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There's 18.5 million subscribers each paying $12.95 a month for this service. That's a lot of money each month towards cash flow. The merged company picked up a lot of baggage from the previous companies and this baggage has to be unloaded. When that happens there should be a profit. The problem seems to be in getting to that point. So far there has been a lot of talk about synergies, but very little action. Let Sirius XM start eliminating duplicate positions and consolidating offices. There's still way too much fat. Do something!!!!
Sep 15 12:16 pm
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All Comments by Paul in FL »How Will Sirius XM Refinance Its Debt Now? [View article]