The FCC has extended once again the merger requirement that would have Sirius XM Radio make available for lease 4% of their spectrum for qualified entities to deliver minority and educational programming. The merger condition was agreed to by Sirius XM, but the issue has been exactly how to move forward. various organizations and companies have stepped forward with a desire to participate in the process.
The time-line of the extension is now August 23, 2010, and comments and action on the issue could happen earlier. With the WCS issue and now the spectrum issue on the side burner, Sirius XM can now focus on the issues of growing their business and getting more dollars to the bottom line.
Position - Long Sirius XM Radio