FCC approves satellite radio merger in 3-2 vote

[Airdale]

Updated 10:28 p.m. ET, Fri., July. 25, 2008

http://www.msnbc.msn.com/id/25856170/

WASHINGTON - Federal regulators formally approved the merger of the nation's
only two satellite radio operators Friday, ending a 16-month-long drama closely
watched by Washington and Wall Street.

Sirius Satellite Radio Inc.'s $3.3 billion buyout of rival XM Satellite Radio Holdings
Inc.
will mean 18 million-plus subscribers will be able to receive programming from both
services.
Executives say it will mean huge cost savings that will lead to a first-ever profit for
the relatively nascent industry.
The Federal Communications Commission voted 3-2 to approve the buyout, with the tiebreaker
coming Friday night from Republican commissioner Deborah Taylor Tate.

[unknown]

Post by Airdale
WASHINGTON - Federal regulators formally approved the merger of the nation's
only two satellite radio operators Friday

Well, if the government won't do the right thing, then it's up to me.
I cancelled my subscription today.

[Airdale]

Post by unknown

Post by Airdale
WASHINGTON - Federal regulators formally approved the merger of the nation's
only two satellite radio operators Friday

Well, if the government won't do the right thing, then it's up to me.
I cancelled my subscription today.

do tell frontmed - do tell

[Karen]

Post by unknown

Post by Airdale
WASHINGTON - Federal regulators formally approved the merger of the nation's
only two satellite radio operators Friday

Well, if the government won't do the right thing, then it's up to me.
I cancelled my subscription today.

Cutting off your nose to spite your face, eh?

[samson]

Post by unknown

Post by Airdale
WASHINGTON - Federal regulators formally approved the merger of the nation's
only two satellite radio operators Friday

Well, if the government won't do the right thing, then it's up to me.
I cancelled my subscription today.

For my part, I'm already putting aside money to buy a new
XM/Sirius radio.

S.

[Airdale]

Post by unknown
Well, if the government won't do the right thing, then it's up to me.
I cancelled my subscription today.

<crystal ball fortells the future>

sayonara

--
'siy-oh-nah-rah'

[BaJoRi]

Post by unknown

Post by Airdale
WASHINGTON - Federal regulators formally approved the merger of the nation's
only two satellite radio operators Friday

Well, if the government won't do the right thing, then it's up to me.
I cancelled my subscription today.

Well, that certainly will protect you from a price hike.