Personally, I seriously DOUBT that the Feds will give this the go-ahead. IF it does get the go-ahead, I will be surprised as it is stipulated (somewhere, I don't remember where) that one satellite radio company cannot buy out another, that is why they are trying to merge and NOT buy each other out...it will be VERY slick if this is allowed to go through, I think this is simply a media "ploy" and free advertising for both. I could be wrong, but I doubt it...
XM and Sirius may be about to merge
Discussion in 'Trucking Electronics, Gadgets and Software Forum' started by firstcav, Feb 19, 2007.
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The government created a duopoly by only granting two licenses for satellite radio - this was supposed to create competition. I don't see how this is going to fly pas the anti-trust regulators. I guess the only argument is that XM and Sirius can't survive staying independent. Probably what will happen is that the govt may end up regulating the fees they can charge, which would be good for consumers (assuming the deal is approved)... -
If they are able to get passed the regulators and the merger does go thru the one thing I want to know is will I have to go out and buy a new radio?
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I found this on Sirius website : http://investor.sirius.com/ReleaseDetail.cfm?ReleaseID=230306
And on XM Website:http://phx.corporate-ir.net/phoenix.zhtml?c=115922&p=irol-newsArticle&ID=964623&highlight=
Both have podcasts of the anouncement -
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I interpret it, is if you bought car/radio that is capable of XM you will be OK, if your like me and got a dumb box that is only XM we will be out of luck.... start thinking about a replacement. -
What? When did this happen???
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