Sirius XM Going All Out To Unleash New Dual-Satellite Radios

Mel Karmazin, CEO of the newly-approved Sirius XM Satellite Radio merger is committed to having an interoperable receiver on the market within one year, as mandated by the FCC. Karmazin stated during an investor call that he intends to beat the deadline with a new product. You can bet that he’s got his sites on hitting the market at least with something before the holidays, but that may be a little too...

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Sirius, XM Satellite Radio Merger Finalized

Federal regulators formally approved the merger of Sirius Satellite Radio and XM Satellite Radio. The FCC voted 3-2 to approve the buyout, with the tiebreaker coming Friday night from Republican commissioner Deborah Taylor Tate. Tate had insisted that the companies settle charges that they violated FCC rules before she would approve the deal. The companies agreed this week to pay $19.7 million to the U.S. Treasury for violations...

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