FCC tentatively approves XM / Sirius merger
Written by admin on July 23rd, 2008 in devices and gadgets.
by Nilay Patel, posted Jul 23rd 2008 at 2:49PM
We basically knew the FCC was going to approve the XM / Sirius merger after the DoJ approved it earlier this year, and it looks like the communications agency is just about ready to sign off — the Wall Street Journal is reporting that a majority of FCC commissioners are close to approving the deal. Word is that XM and Sirius will have to fork over an additional $20M to make it happen and agree to several enforcement terms, but it’s all up in the air until this goes official. Let’s hope that’s soon — after a historically long delay, it looks like there’s finally some light at the end of the tunnel.
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Filed under: Portable Audio
Tags: robots, home cinema, mobiles, TV
