Tag Archives: RAD

Viettel Shifts Sight To Emphasize OPEN RAN Technologies

HANOI, Vietnam, March 24, 2023 /PRNewswire/ — Viettel, a multinational technology company headquartered in Vietnam, will be focusing its product development strategies on the open radio access network (OPEN RAN) vertical following the conclusion of the Mobile World Congress 2023.

Viettel shifts sight to emphasize OPEN RAN technology
Viettel shifts sight to emphasize OPEN RAN technology

With the event theme, Velocity, being brought to life in key themes discussed across multiple platforms, MWC 2023 is keen to push the industry further with this newfound focus for the global market. This will include the areas of 5G, AI, network infrastructure, as well as cross-sector collaborations.

“I am delighted to see so much positive momentum, with halls bustling with energy for four full days. Consumers living in a data-driven world need increasing amounts of capacity at the edge of the network to extend the capabilities of cloud computing and our industry is well placed to do it,” said GSM Association’s Director General, Mats Granryd.

“The way the world utilises technology and data consumption has risen exponentially in the last decade. The sector is growing faster than many others and it is our priority to enable development of growing technologies like OPEN RAN for higher interoperability through open hardware, software, and interfaces for wireless networks,” shared Tao Duc Thang, CEO of Viettel Group.

In the coming year, Viettel will further promote Private 5G solutions, which are forecasted to have significant demand in the future from a variety of industries. The adoption of 5G networks will catalyse Digital Transformation by offering robust, customizable, and secure next-generation connectivity. As regulations change to offer more room for private networks and the ecosystem matures, such networks will be an increasingly attractive option for smaller organizations. Viettel will actively be a key part of the roadmap to offer this solution in the B2B space.

With GSMA’s Open Gateway Initiatives, a framework of universal network Application Programmable Interfaces (APIs) announced in MWC 2023, Viettel will enrich existing services, move forward in internal transformation to ensure the Open Gateway is created, open up our capabilities more rapidly and guarantee our customers’ privacy and their control over their data.

At MWC 2023, Viettel and Qualcomm unveiled the first look at their working RU built on Qualcomm’s DU chip. The new solutions will help to simplify network deployment at scale, lower total cost of ownership (TCO), and enable mobile network operators and enterprises to fully realize and monetize their digital transformation.

“Viettel has a full suite of infrastructure solutions from O-RAN, DU, Core network, Gateways, and more which are commercially deployed and servicing millions of users in international markets. With the high performance and low Total Cost of Ownership advantages Viettel and Qualcomm Technologies are working on, Viettel will realize their ambition of commercializing massive 5G private and public networks with enterprises and carriers around the world.” Said Durga Malladi, Senior Vice President and General Manager, Cellular Modems & Infrastructure Business Unit, Qualcomm Technologies, Inc.

Trial availability is expected in the second quarter of 2023 and commercial launch is expected in the fourth quarter of 2023. In the future, Viettel will continue to join O-Ran Alliance, and further develop the O-Ran-backed chip from Intel and Qualcomm.

“MWC 2023 is about unleashing future technology today. But we need to research and create technologies that can help people reap the benefits of access to digital services right now,” added Tao.

Other strategies that Viettel will strengthen include solutions to address RF interference, improve network KPIs, surgically deploy field assets, and gain insights into spectral efficiency or next-gen smart home Matter protocol.

About Viettel

Viettel Group is an international enterprise headquartered in Hanoi, Vietnam. The group has investments in 11 countries in Africa, Asia and Latin America. Viettel has five business lines, including telecommunications and information technology (IT); research and manufacture of electronic and telecommunications equipment; defense industry; cyber security and digital services.

For more information, visit viettel.com.vn.

Storyblok Expands to APAC to Transform Digital Storytelling Across the Region

Digital storytelling requires flexible technology: New data shows only 13% of APAC companies are happy with their monolithic CMSs, and 46% are considering moving to a headless CMS

LINZ, Austria, Oct. 12, 2022 /PRNewswire/ — Storyblok, the content management system (CMS) category leader for 2022 that empowers both developers and content teams to create better content experiences across all digital channels, today announced its expansion to APAC (Asia-Pacific).

Brands across APAC such as Pizza Hut Australia, FC Sydney, Liberty Finance Australia, Vicinity Centres, Treasury Wine Estates, Crimson Education, Octopus Deploy, and Akasa Air already use Storyblok as the content engine for their digital experiences.

In recognition of the massive growth potential throughout APAC, Storyblok hired Marcus Paterson as its APAC Sales Manager. Marcus has held leadership roles at National Australia Bank, Fuji Xerox, and Leidos Australia. He’s now based in Thailand to support customers across the region and is actively growing a sales team and related support roles.

“After working throughout APAC for over 20 years, I’ve come to understand the unique challenges that companies face in this part of the world,” said Marcus Paterson, APAC Sales Manager at Storyblok. “Agile and secure content management continues to be something that all sorts of businesses struggle with. With Storyblok, your marketing and content teams have a future-proof CMS that enhances content experiences at any scale.”

To understand more about content management in APAC, Storyblok surveyed 301 professionals who use a CMS in Australia and Singapore.

The survey revealed the following key insights:

  • Only 13% of APAC companies are happy with their monolithic CMSs
  • 46% are considering moving to a headless CMS
  • The CMS features that are most important: Security, Website speed, #3 Easy to use for content creators
  • 61% are worried about the security of their CMS
  • 67% use 2 or more CMSs
  • 68% deliver content in more than one language
  • 12% are using their CMS to deliver content in virtual reality, and 9% in augmented reality

“Based on our great success so far in APAC, we knew now was the right time to invest more heavily in the region,” said Sascha Ploebst, VP of Sales at Storyblok. “The data shows us that local companies are ready to move to headless CMS solutions to improve their digital storytelling.”

“Our expansion into APAC is an important milestone in the global growth of Storyblok,” said Dominik Angerer, Co-Founder and CEO of Storyblok. “Audiences all over the world demand better content experiences that traditional CMS platforms were never built for. Storyblok already offers a cloud-native CMS to manage all content in one place with data centers in the US, Europe, and a dedicated instance in China. I’m also proud to announce that we are planning to offer a locally hosted option in Australia soon for organizations that need this.”

Resources

About Storyblok
Storyblok, the content management system (CMS) category leader for 2022, empowers both developers and content teams to create better content experiences across any digital channel.

Storyblok enhances audience experiences with best-in-breed performance, security, optimized omnichannel storytelling, and robust personalization. Enable content teams to create and manage content intuitively and independently with drag and drop visual editing, custom collaboration workflows, and a world-class digital asset manager. Empower developers to build anything, integrate with everything, and publish everywhere with Storyblok’s headless CMS architecture.

Leading brands such as Adidas, T-Mobile, Renault, and Marc O’Polo use Storyblok to shape their digital storytelling.

See why Storyblok was named the CMS for 2022 by G2 at www.storyblok.com and follow Storyblok on LinkedIn and Twitter.

Press Contact
Brandon Watts
brandon.watts@storyblok.com

Apple Spotlights the LIZHI Podcast App in App Store

LIZHI Podcast is the first Chinese language podcast app to be featured by Apple

GUANGZHOU, CHINA, May 28, 2021 — LIZHI INC. ("LIZHI" or the "Company") (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, is excited to announce that its new LIZHI Podcast app (LIZHI BOKE in Chinese) has been recommended by Apple’s App Store as one of its featured apps. LIZHI Podcast is the first Chinese podcast app to be recommended by the App Store in the China market – a major milestone for the app since its launch in January this year. As a vertical podcast platform, LIZHI Podcast has been rated 5 stars by users after the launch.

LIZHI Podcast brings a diverse library of high-quality podcast content to its users. The app also offers immersive audio experiences with its Livestream Podcast feature, which enables real-time organic communication between podcast hosts and listeners on both mobile apps and LIZHI Podcast’s in-car audio product. Powered by LIZHI’s "DOREME" project – the Company’s in-house audio technology solution that combines real-time communication technology and audio data transmission with noise reduction, voice quality optimization, and 3D enhancements – LIZHI Podcast aims to provide users with a stable and smooth Livestream Podcast experience.

"We are pleased to bring our pioneering technology to Apple users. Our inclusion on Apple’s recommended list is another vote for the quality of our product and its trailblazing work in audio apps. We also anticipate the LIZHI Podcast app will continue to resonate with Chinese-speaking users around the world," said Mr. Jinnan (Marco) Lai, Founder and Chief Executive Officer of LIZHI.

The LIZHI Podcast app interface easily adapts to in-car use, providing drivers and passengers with more options for their in-car entertainment experience. The company has partnered with leading automotive and intelligent technology companies such as XPeng Motors, WM Motors, ENOVATE Motors, ECARX, and Horizon Robotics to integrate LIZHI Podcast into various intelligent systems and platforms.

Since its launch, LIZHI Podcast has already partnered with a range of content creators from different industries and areas of interest to participate in podcasting for the first time, with an aim to increase the quality and penetration of Chinese podcasts. The company has also signed on exclusive content creators and collaborated with brands and enterprises to create branded podcast content to further boost its content offerings. Popular podcast topics include aesthetics and art, technology, lifestyle, and entertainment. LIZHI’s livestream feature offers content creators a more effective way to reach audiences as compared to the traditional podcast format.

About LIZHI INC.

LIZHI INC. (the "Company" or "LIZHI") has built an audio ecosystem with a global presence consisting of audio-based social networks, podcast content portfolios and audio communities. The Company aims to bring people closer together through voices by its product portfolios. LIZHI’s audio-based social networking products offering, including TIYA App, caters to users’ evolving interest in social interactions in real time online and enables users to connect with friends having similar interests, entertain, chat online, and share their daily lives through voices. LIZHI also offers a vertical podcast platform, LIZHI Podcast, that provides users with curated content drawn from its extensive content library built over the years, as well as new podcasts provided by selected content creators. Since the launch of LIZHI App in 2013, the Company’s flagship platform, LIZHI has cultivated a vibrant and growing online UGC audio community and interactive audio entertainment platform where users are encouraged to create, share, discover and enjoy audio, and experience immersive and diversified entertainment features through audio. LIZHI envisions a global audio ecosystem – a place where everyone can be connected through voices and across cultures. LIZHI INC. has been listed on Nasdaq since January 2020.

For more information, please visit: http://ir.lizhi.fm.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may", "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the Securities Exchange Commission. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

In China:
LIZHI INC.
IR Department
Tel: +86 (20) 3866-4265
E-mail: ir@lizhi.fm

 The Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: Lizhi@tpg-ir.com  

In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: Lizhi@tpg-ir.com   

Related Links :

http://ir.lizhi.fm/

Hytera Envisages the Future of PMR at Critical Communications World Virtual Conference

SHENZHEN, China, Nov. 6, 2020 — Hytera, a global leading Professional Mobile Radio (PMR) solution provider, participated in Critical Communications Week (CCWeek) 2020 as a Brand Leader sponsor to showcase its latest innovations and shared perspectives on the evolution of communications technologies from 2G to 5G. CCWeek, a five-day virtual exhibition and conference on Nov. 2-6, offers a new opportunity for stakeholders of the critical communications sector to network after the Critical Communications World 2020 offline event was cancelled due to the pandemic.

On the first day of the fully packed five-day conference progromme, Simon Yin, general manager assistant of Hytera Americas, shared with attendees Hytera’s insight of how the critical communications sector is to move forward in the 5G era. Hytera believes that there is no single technology capable of fixing all problems, instead it will be "2+5+N", a hybrid and convergent way of meeting a multitude of requirements.

Simon Yin, general manager assistant of Hytera Americas, shared with attendees Hytera’s insight of how the critical communications sector is to move forward in the 5G era.
Simon Yin, general manager assistant of Hytera Americas, shared with attendees Hytera’s insight of how the critical communications sector is to move forward in the 5G era.

"2" stands for 2G technologies, such as TETRA, which provides stable and reliable voice services for critical communication users. TETRA, as the most successful PMR technology, will remain as the first choice of mission critical voice services thanks to its great availability, reliability and security. Since the technology itself keeps evolving, Hytera sees TETRA as a viable technology in years leading to 4G and 5G era.

"5" stands for 5G that supports high throughput, low latency and massive connections. In 3G/4G LTE era, in order to satisfy the increasing demand of data services, there are mainly two paths available for mission critical and industrial users. One is private LTE, the other one is Mobile Virtual Network Operator (MVNO). One common choice for critical communication on broadband systems is Mission Critical Service (MCS), an open standard defined by 3GPP. When it comes to 5G, the two paths technologically merge and converge, since 5G from bottom up is designed for industries, which not only enables the telco to explore business opportunities into vertical sectors, but also empowers industry users with their private network in ways such as network slicing.

"N" stands for various applications based on different technologies. Numerous services and apps will be made available for industries by developers. Hytera believes the key is how to get the best out of each technology and converge them into an interconnected network. When multiple technologies and vendors are involved, the optimal situation for mission critical users is that they can choose freely from an open ecosystem and establish the critical communications infrastructure following an open protocol, which is important now and in the future.

To watch the presentation video, please visit https://www.youtube.com/watch?v=0g_RLsXunsU&feature=youtu.be

To find out more about Hytera’s new products, please visit https://www.hytera.com/2020/en/home

Related Links :

https://www.hytera.com

LIZHI Ranks Among Top 50 Cultural Enterprises in Guangzhou, China

GUANGZHOU, China, June 11, 2020 /PRNewswire/ — LIZHI INC. (“LIZHI” or the “LIZHI App” or “the Company”) (NASDAQ: LIZI), a leading online UGC audio community and interactive audio entertainment platform in China, has been ranked one of the “Top 50 Cultural Enterprise” in Guangzhou, China. The ranking is part of a study conducted by Guangzhou institute for society studies, South China Daily and Guangzhou Association for Cultural and Creative Industries to analyze and evaluate the economic significance of the cultural industry of the city.

The live-streaming industry in China has seen a dramatic boom in recent years. As of March 2020, the number of live-streaming users surged to 560 million with the number of viewers tuning in live-streaming e-commerce events reaching 265 million, according to report from the China Internet Network Information Center. The market has also seen major industry players such as Tiktok, Alibaba and Kuaishou achieved enormous commercial success.

With the launch of 5G network and the rapid development of Artificial Intelligence (AI), which has accelerated the adoption of Internet of Things (IoT), Guangzhou, a city in southern China, which is home to numerous tech and internet giants, is on track to create an economic model developing a diverse ecosystem of live-streaming, spanning music, gaming, audio, entertainment, traveling, commerce and intangible cultural heritage. The huge potential of the audio market in China will also propel audio-sharing platforms to usher in a new era of on-demand and streaming content.

Against this backdrop, LIZHI has become the most extensive online UGC audio community and one of the Top 100 Internet Companies in China with total revenue of RMB 1.2 billion  (USD 170 million) in 2019. 2020 marks a new milestone for LIZHI, which has seen the Company’s Q1 revenue surge by 42% year-over-year to RMB 370 million  (USD 52.3 million). The growth has brought a new record high of average monthly active users and creators, which stands at 54.5 million and 6.2 million, respectively. The average number of monthly paying users also soared by 60% this year, to over 450,000.

Backed by its unique business model, LIZHI is riding this technological momentum to create an audio community where everyone not only can enjoy informative and engaging user-generated audio content but also design, share and connect through voices across cultures and countries. Powered by AI, LIZHI’s proprietary tools for audio creation enable creatorsto fine-tune recordings and produce innovative sound effects while streamlining the process of creation, production and distribution.

“As we build a vibrant platform and community for our users and creators, we want to offer the resources they need to thrive. LIZHI now boasts user-generated content across 27 categories including relationship advice, family, education, music and talk shows,” said Mr. Marco Lai, Founder and Chief Executive Officerof LIZHI. “We are particularly proud to see that our community is helping low-skilled workers and people with disabilities connect with the world via their vocal talent.”

LIZHI has been developing powerful tools with partners to help creators connect to and grow their audience. In 2019, LIZHI worked in partnership with Baidu, a technology company specializing in Internet-based services and artificial intelligence, to create Xiaodu smart speakers that come equipped with built-in features allowing users to better engage with listeners during audio-streaming sessions. Looking forward, the Company will continue to develop new ways of distributing content for IoT devices, optimize interactive features and user interface to create a better experience for all users.

For more information, please visit: http://ir.lizhi.fm/

About LIZHI INC.

LIZHI INC. is a leading online UGC audio community and interactive audio entertainment platform in China, with a mission to enable everyone to showcase vocal talent. The Company is aiming to bring people closer together through voices. 

Since the launch of its Lizhi app in 2013, LIZHI has cultivated a vibrant and growing community encouraging audio content creation and sharing. Now LIZHI is an audio wonderland offering a wide range of podcasts and audio entertainment products and features, including audio live streaming and various interactive audio social products, empowering users to enjoy an immersive and diversified entertainment experience through audio.

LIZHI envisions a global audio community – a place where everyone can create, share and connect with each other through voices and across cultures.

Cision View original content:http://www.prnewswire.com/news-releases/lizhi-ranks-among-top-50-cultural-enterprises-in-guangzhou-china-301074274.html

SiriusXM Adds Australian Football League Matches, Weekly Show with Eddie McGuire to Sports Lineup

Renowned Australian commentator and AFL Club President Eddie McGuire to host “Aussie Football Rules America with Eddie McGuire every Thursday exclusively on SiriusXM

SiriusXM’s AFL Match of the Week kicks off tonight, June 4 with a replay of the classic 2018 AFL Grand Final; Weekly games from 2020 season begin airing June 11 when season resumes

NEW YORK, June 4, 2020 /PRNewswire/ — SiriusXM announced today that it is adding Australian Football League programming to its sports lineup for the first time ever, featuring a new exclusive show hosted by Australian media icon Eddie McGuire, as well as play-by-play broadcasts of an AFL Match of the Week.

Aussie Football Rules America with Eddie McGuire will debut tonight, June 4th and will air every Thursday from 6:00-7:00 pm ET, on SiriusXM’s Dan Patrick Radio channel (ch. 211), recapping the previous week’s AFL action and looking ahead at the exciting matches in the weekend ahead.

McGuire is a household name in Australia as one of the most prominent media personalities in his home country.  He has been deeply involved in Australian Rules Football throughout his life, from his days as a youth player and his first job as an Australian Rules Football statistician and reporter, to playing a leading role in his country’s sport today. 

A passionate and devoted Collingwood fan since childhood, McGuire became one of the youngest Presidents in football when at 33 years of age he took over Australia’s most famous club at its lowest period in its history.  Since then he has presided over Collingwood reclaiming its position as a powerhouse in Australian sport, both on and off the field, with the building of state of the art training facilities and being central to the rebuilding of the Melbourne Cricket Ground where Collingwood regularly plays in front of crowds of over 90,000 people.  On the field Collingwood won the Grand Final of 2010 and has been to the big dance in 2002, 2003, 2010 (for a draw and a famous replay win), 2011 and 2018.  Collingwood has also made the playoffs 12 times in that period. 

McGuire was honored with the Australian Sports Medal for services to Australian Rules Football, the Centenary Medal for services to the Media and Football and the Order of Australia Medal AM for services to ‘Philanthropy and the Media.’  He is also a member of the MCG and AFL Media Hall Of Fame.

“SiriusXM serves millions of fans and listeners across North America and I’m thrilled to be bringing our great sport to their sports lineup for the first time,” said McGuire.  “There’s not a better platform for me to connect with Aussie Rules fans on the other side of the world, and to share the news of our sport as we get back into action this month.  If you’re not fan of Aussie Footy yet, join us!  You will be!”

McGuire is one of the country’s most watched and listened to TV and radio personalities.  In addition to being a prominent Australian Rules commentator and host on Fox Sports and the Nine Network, he is host of the hugely popular The Hot Breakfast radio show in Melbourne, and weeknights hosts the Channel Nine program Millionaire Hot Seat, the Australian version of Who Wants To Be A Millionaire? which he has done since 1999.  McGuire has hosted and called Olympic Games, Formula One races, The Logie Awards (the Australian version of the Emmys) and numerous other major event television and radio shows throughout his career.  He is also the former CEO of the Nine Network and is the Chairman of his own media production business.

“Eddie is an icon in sports and entertainment in Australia, and with his history in the sport and knowledge of the game, he’s the perfect host for our first show dedicated to Australian Rules Football,” said Scott Greenstein, SiriusXM President and Chief Content Officer.  “Aussie Football Rules America will be entertaining and informative, and we’re very excited to present it along with AFL matches on our air for the first time.  No matter where AFL fans are from, they can stay connected with the game and their teams.  We look forward to introducing this great sport to more fans in North America.”

Immediately following Aussie Football Rules America, SiriusXM listeners will hear a special rebroadcast of the Australian Football League’s Match of The Week called by the number one AFL radio broadcast, Triple M (Southern Cross Austereo).  The 2020 AFL season is set to resume on June 11 after it was paused due to the COVID-19 pandemic.  Tonight listeners will hear the classic 2018 Grand Final match between the West Coast Eagles and the Collingwood Football Club.

“SiriusXM is the leading audio entertainment platform in the United States and to be able to take our game, Australian Rules Football to the millions of listeners via their sports programming is a partnership the AFL is proud to be a part of,” said Gillon McLachlan, AFL Chief Executive Officer.  “We love our footy in Australia and look forward to sharing its passion with the audience in North America.”

Aussie Football Rules America with Eddie McGuire and AFL matches will air nationwide on SiriusXM’s exclusive Dan Patrick Radio channel, which is available on SiriusXM radios (channel 211), online at SiriusXM.com and on the SiriusXM app for connected devices and speakers.

The Australian Football League (AFL) is the pre-eminent competition of Australian Rules Football.  The league consists of 18 teams spread over five of Australia’s six states competing in a 23-round regular (home-and-away) season. The team with the best record after the home-and-away series is awarded the “minor premiership.”  The top eight teams then play off in a four-round finals series, culminating in the AFL Grand Final.  For more on the AFL go to afl.com.au.

SiriusXM is now offering listeners its best streaming offer yet: Sign up to stream SiriusXM for 4 months free with a new subscription.  To see offer details and to start listening on the SiriusXM app, on connected devices and smart speakers in your home, go to SiriusXM.com/HomeFree.

Aussie Football Rules America with Eddie McGuire is produced in Melbourne, Australia by JAMTV Australia.

About SiriusXM

Sirius XM Holdings Inc. (NASDAQ: SIRI) is the leading audio entertainment company in the U.S., and the premier programmer and platform for subscription and digital advertising-supported audio products. Pandora, a subsidiary of SiriusXM, is the largest ad-supported audio entertainment streaming service in the U.S. SiriusXM and Pandora together reach more than 100 million people each month with their audio products. SiriusXM, through Sirius XM Canada Holdings, Inc., also offers satellite radio and audio entertainment in Canada. In addition to its audio entertainment businesses, SiriusXM offers connected vehicle services to automakers and directly to consumers through aftermarket devices. For more about SiriusXM, please go to: www.siriusxm.com.

About JAM TV Australia
JAM TV is one of Australia’s largest independent production companies specializing in sport and entertainment. Each year, JAM TV produces more than 1000 hours of television and audio content to major broadcasters from original formats, live sport and studio based entertainment. For more information, please visit https://jamtvaustralia.com.au

This communication contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results, our plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “believe,” “intend,” “plan,” “projection,” “outlook” or words of similar meaning. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements.

The following factors, among others, could cause actual results and the timing of events to differ materially from the anticipated results or other expectations expressed in the forward-looking statements:  the current coronavirus (COVID-19) pandemic is adversely impacting our business; our substantial competition that is likely to increase over time; our efforts to attract and retain subscribers and listeners, or convert listeners into subscribers, which may not be successful, and may adversely affect our business; our Pandora ad-supported business has suffered a loss of monthly active users, which may adversely affect our Pandora business; privacy and data security laws and regulations may hinder our ability to market our services, sell advertising and impose legal liabilities; we engage in extensive marketing efforts and the continued effectiveness of those efforts are an important part of our business; consumer protection laws and our failure to comply with them could damage our business; a substantial number of our Sirius XM subscribers periodically cancel their subscriptions and we cannot predict how successful we will be at retaining customers; our ability to profitably attract and retain subscribers to our Sirius XM service as our marketing efforts reach more price-sensitive consumers is uncertain; our failure to convince advertisers of the benefits of our Pandora ad-supported service could harm our business; if we are unable to maintain revenue growth from our advertising products, particularly in mobile advertising, our results of operations will be adversely affected; if we fail to accurately predict and play music, comedy or other content that our Pandora listeners enjoy, we may fail to retain existing and attract new listeners; if we fail to protect the security of personal information about our customers, we could be subject to costly government enforcement actions and private litigation and our reputation could suffer; interruption or failure of our information technology and communications systems could impair the delivery of our service and harm our business; we rely on third parties for the operation of our business, and the failure of third parties to perform could adversely affect our business; our business depends in part upon the auto industry; our Pandora business depends in part upon consumer electronics manufacturers; the market for music rights is changing and is subject to significant uncertainties; our ability to offer interactive features in our Pandora services depends upon maintaining licenses with copyright owners; the rates we must pay for “mechanical rights” to use musical works on our Pandora service have increased substantially and these new rates may adversely affect our business; failure of our satellites would significantly damage our business; our Sirius XM service may experience harmful interference from wireless operations; failure to comply with FCC requirements could damage our business; economic conditions, including advertising budgets and discretionary spending, may adversely affect our business and operating results; if we are unable to attract and retain qualified personnel, our business could be harmed; we may not realize the benefits of acquisitions or other strategic investments and initiatives, including the acquisition of Pandora; our use of pre-1972 sound recordings on our Pandora service could result in additional costs; we may from time to time modify our business plan, and these changes could adversely affect us and our financial condition; we have a significant amount of indebtedness, and our debt contains certain covenants that restrict our operations; our facilities could be damaged by natural catastrophes or terrorist activities; the unfavorable outcome of pending or future litigation could have an adverse impact on our operations and financial condition; failure to protect our intellectual property or actions by third parties to enforce their intellectual property rights could substantially harm our business and operating results; some of our services and technologies may use “open source” software, which may restrict how we use or distribute our services or require that we release the source code subject to those licenses; rapid technological and industry changes and new entrants could adversely impact our services; existing or future laws and regulations could harm our business; we may be exposed to liabilities that other entertainment service providers would not customarily be subject to; our business and prospects depend on the strength of our brands; we are a “controlled company” within the meaning of the NASDAQ listing rules and, as a result, qualify for, and rely on, exemptions from certain corporate governance requirements; while we currently pay a quarterly cash dividend to holders of our common stock, we may change our dividend policy at any time; and our principal stockholder has significant influence, including over actions requiring stockholder approval, and its interests may differ from the interests of other holders of our common stock. Additional factors that could cause our results to differ materially from those described in the forward-looking statements can be found in our Annual Report on Form 10-K for the year ended December 31, 2019 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2020, which are filed with the Securities and Exchange Commission (the “SEC”) and available at the SEC’s Internet site (http://www.sec.gov). The information set forth herein speaks only as of the date hereof, and we disclaim any intention or obligation to update any forward looking statements as a result of developments occurring after the date of this communication.

Source: SiriusXM

Media contacts:
Andrew FitzPatrick, Andrew.FitzPatrick@SiriusXM.com
Kevin Bruns, Kevin.Bruns@SiriusXM.com

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Source: Sirius XM Holdings Inc.