Sirius and XM Merger Presentation
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Engadget has the goods on the presentation that XM and Sirius put together for shareholders on their proposed merger. They complained that the presentation was short on the goods for customers and long for the goods for shareholders. Well, it’s a presentation to shareholders first of all. Second, there are mentions of the items that they trotted out to the media: more bandwidth for more channels, increased services such as real time traffic, etc…
As I’ve said before, as a customer I’m excited about the merger. I like the possibility of having both services at my disposal. I’m a little worried about the effect on pricing, but I have faith that the FTC and the FCC will wring pricing concessions as part of the deal to get the merger approved. We’ll have to see what happens, but I plan on covering it through to the end.
See also the letter XM sent to customers.
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May 24th, 2007 at 11:58 am
[...] to block the merger of XM and Sirius (see my previous merger coverage here, here, here, here, and here). Senator Kohl may have some sway with the decision because he is the Chairman of the Senate [...]