Jun 06
FCC Chairman Kevin Martin said today on CNBC that the agency will act “soon” on the decision for the pending merger of Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc.
Martin noted that Sirius-XM had agreed to concessions - such as A La Carte pricing - and said the Commission “will hopefully be able to do something on it soon.”
Additionally, he noted that the delay in coming to a decision was due to further complications in the changing of a rule in the FCC licenses, barring the two satellite radio providers from merging.
[Watch the Video via Reuters]
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