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SIRIUS and XM to Combine in $13 Billion Merger of Equals
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Drewdawg
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SIRIUS and XM to Combine in $13 Billion Merger of Equals
wrote:
On Feb 19, 7:03 pm, "Only Fair" wrote:
It's not going to happen, because the Federal Communication
Commission at the outset of service licensing prohibited one company
from holding two satellite radio licenses. Their joining forces
would be against the law.
It is a good assumption that the managements of the respective
companies have a good idea they can get FCC approval. DOJ, another
matter, as you never know about them -- but the FCC will approve it or
they would not have pulled the trigger.
So what's going to happen to existing receivers? How many can (as was
planned from the start) receive both services? I'd hate to have one of those
millions of receivers and end up on the wrong half of the new combined
service.
Drewdawg
I'll just get a wireless PDA to hear Virgin Radio on WiMax.
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