XM and Sirius merger-UPDATE

Cybergal · Jan 18, 2008

Mum is still the word on XM and Sirius merger
1/18/08

Eleven months have come and gone since officials with XM Satellite Radio and Sirius Satellite Radio announced their intentions to merge the companies.
As of Friday, Jan. 18, regulators with the U.S. Department of Justice were still mulling over the proposed merger and whether it meets the laws governing fair competition. The Federal Communications Commission is also reviewing the proposal.
XM and Sirius officials said back in February 2007 that a merger would be completed by the end of the year. But they are still waiting on approval for the deal that, which would create one company worth $13.6 billion.
An official with XM declined last week to comment on the pending merger.
Many truckers who have satellite radios rave about satellite radio as a valuable source of information and entertainment.
XM, for example, is the home of the Open Road Channel 171 which features trucking favorites such as Land Line Now, Dale Sommers: The Truckin Bozo, Bill Mack and Dave Nemo.
Satellite radios popularity was the subject of a recent online poll by Land Line Magazine which asked, What source of weather information do you use most often?
Twenty-eight percent of respondents said they relied on satellite radio for their weather updates, second only to the Internet at 31 percent.
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http://www.landlinemag.com/todays_news/Daily/2008/Jan08/011408/011808-15.htm

newbiewannadoitright · Jan 18, 2008

I wish they would go ahead and decide. I've been putting off getting my Satellite Radio gear until something happens with this. I'm worried about what might happen in the future. If the merger doesn't happen, it might mean the demise of one side or the other. If it does happen, I assume we'll all be able to keep the same gear and subscriptions we have now. I dunno.

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