On the heels of a letter from the President of the Senate in Puerto Rico requesting that SDARS be made available beyond the 48 contiguous states, a letter from Congressman Serrano of New York has been posted on the FCC website. The letter, written on September 19, 2007… → Read More
President of Puerto Rico Sentate Weighs In On Merger
In an interesting filing with the FCC, Senator Kenneth D. McClintock, President of the Senate of Puerto Rico, has weighed in on the merger seeking inclusion in the satellite radio service area. The Senate of Puerto Rico opposes the merger until such time that the exclusion of Puerto… → Read More
Merger Steps In 2008
The merger between Sirius and XM satellite Radio did not get approved in 2007 as the companies and many investors had hoped. We are now in 2008, and the question that is likely at the forefront of the minds of sector watchers is when will a decision come…. → Read More
Sirius and XM Rebut U.S. Electronics Claims In FCC Filing
Sirius and XM Satellite radio have filed an opposition to the claim from U.S. Electronics that a hearing must be held regarding their stance on the merger. U.S. Electronics argued in their FCC filing that because Sirius and XM did not challenge their filing requesting a hearing that… → Read More
Faces Of The Merger
Well, many merger watchers have gone into the holiday weekend a bit down with the feeling that the merger news will now be a 2008 event. While that may indeed be the case, the Department of Justice is open for business all of next week with the exception… → Read More
DOJ Decision
The guys at Orbitcast have come out with a prediction that the Department of Justice may come out with their decision today. In the piece, Orbitcast is careful to state that this is not based on any insider information or “DC Contacts”. Here, we have heard similar rumblings… → Read More
Did Commissioner Adelstein Drop Hints On Merger?
FCC Commissioner Jonathan Adelstein was interviewed on NPR today, and in that interview a caller asked the Commissioner a question about the proposed merger between Sirius and XM. In his answers, Adelstein indicated that a DOJ decision may be coming soon, and that an FCC decision may come… → Read More
U.S. Electronics Tinkers Some More
U.S. Electronics, the company that manufactured Sirius receivers with the XACT brand has been a frequent contributor in the merger process. The company, in a contract dispute with Sirius that dates back almost two years, is currently in arbitration as that is the remedy for disagreements outlined in… → Read More
Merger Wait Will Impact Retail
Sector followers have been well aware of a weakness in retail throughout this year. The reason for retail weakness can be attributable to various factors that include ramped up OEM contributions, and comparisons to a strong response to the Howard Stern move last year. However, the overlooked component… → Read More
Wild Day As Merger Rumors Swirl
Satellite Radio had a wild day in the markets today fueled by a small statement issued by the stock news service briefing.com, as well as other rumors that I will not report at this time because they were quickly dispelled. In their news short, the Briefing folks sent… → Read More
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