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Satellite Radio Merger: Stick a Fork in it

Posted By SDRadio On Monday, June 18, 2007 @ 9:42 pm In News | No Comments


“On its face, we believe that sanctioning the marriage of the only competitors in the satellite radio market would create a monopoly which would be devastating to consumers.”

That’s part of the letter seventy-two Congress members signed and forwared on to the Federal Communications Commission on Monday.

The letter was written by Reps. Gene Green of Texas (D) and Jim Sensenbrenner of Wisconsin (R) along with the signatures of 47 Democrats and 25 Republicans.

XMRadio and Sirius have proposed a merger, however the outlook remains dim that the alliance will happen.


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