Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from Robert Peck, Bear Stearns.
Robert Peck - Bear Stearns
Hi, guys. Just a couple of quick questions here. First of all, Hugh, I think on the last conference call or the one before you gave some longer-term guidance out to 2010. Could you talk about whether that high-teen subscriber guidance still holds? Will you possibly attach any revenue or free cash flow targets there as your competitor has done?
Hugh Panero
Well, the high-teens still stands, and right now we are not prepared to give any long-term revenue guidance in that area.
Robert Peck - Bear Stearns
There was some news that came out last week about the FCC rehashing potential fines coming from repeater violations. Could you talk a little bit about the magnitude of what those fines could be and how we should gauge that in your liquidity?
Nate Davis
We are in conversations with the FCC about that right now, and as you can imagine, we don’t want to conjecture what they might want to come up with in terms of fines in terms of dollars. We think the numbers will be reasonable. We're really focused on trying to get past this, so I cannot really give you a number to be honest with you. We don't know the number.
Hugh Panero
And this is a voluntary process where we went to the FCC and told them what the issues were with our repeaters, and we are just working with them and hoping to come up with a solution to it that will work both for us and for the FCC and for our consumers.
Robert Peck - Bear Stearns
Can you tell us what percent of your subscribers are actually in rural areas or underserved areas, and with that do you have any idea of what percentage of your subscribers are also Sirius radio subscribers?
Gary Parsons
I don't actually know, and I guess could not even know what number of subscribers are actually subscribers to both services, but I think the issue of rural is not so much an issue. Our subscriber base is pretty uniform across all areas of the country, and in fact, we have looked at it very various times whether Northeast, Southwest, urban, rural, it is pretty well spread just with the population.
Operator
Your next question comes from Jonathan Jacoby - Banc of America Securities.
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