CEA Pushes FCC on XM-Sirius Decision
Consumer Electronics Association Wants Federal Communications Commission’s Ruling on Satellite-Radio Merger
By John Eggerton -- Broadcasting & Cable, 4/10/2008 8:35:00 AM
Equipment manufacturers are asking the Federal Communications Commission to get a move on and decide whether or not to approve the XM Satellite Radio-Sirius Satellite Radio merger.

In a letter to FCC chairman Kevin Martin, Consumer Electronics Association president Gary Shapiro pointed out that the Justice Department already gave the deal a clean bill of health, and that it was time for the FCC to weigh in to provide consumers with the "confidence and clarity" on what satellite-radio systems to buy.
If the FCC approves the deal, XM and Sirius are planning to offer a la carte service with channels from both services, which would require consumers to buy new equipment.
The Shapiro letter came after Martin told a House Appropriations Committee he had no timetable for the decision, although he had said on more than one occasion that he was aiming for the end of March.
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from Forbes Magazine
"The next President must overhaul the FCC, lest it--with the connivance of lobbyist-influenced Congress--gum up these advances with stifling regulations or by enacting net neutrality, which would have politicians and bureaucrats fixing prices for access to broadband networks. Such price controls would halt investments in expanding capacity. It's happened before: Congressional/FCC price controls in the mid-1990s cratered investment in fiber-optics projects, which enabled South Korea and others to leap past us. Observe Swanson and Gilder: "South Korea, with just one-sixth the population of the U.S., now approaches the U.S. in Internet traffic. [The country] deployed fiber-optic networks sooner than the U.S. did. South Korea also was an aggressive first builder of 3G [broadband] mobile networks."
joe davola - 5/5/2008 7:11:00 PM EDT -
Your information regarding new equipment being necessary if a merger takes place may be incorrect. While I am unsure of where your information comes from, I have called XM customer support as a potential customer worried about buying outdated equipment. I was assured by customer service that all equipment currently compatible equipment will still be compatible post merge.
Tony R - 5/2/2008 5:04:00 PM EDT -
The FCC should be investigated regarding the SIRI/XM merger. The FCC is taking a suspiciously long time to make a decision regarding the SIRI/XM merger. There is no apparent reason to take this long, unlerss they have an agenda.
Richard E Horne - 4/11/2008 5:05:00 PM EDT -
"XM and Sirius are planning to offer a la carte service with channels from both services, which would require consumers to buy new equipment"
-WRONG!!!! It has been said countless times that current XM or sirius subscribers will NOT have to change their radio!!!!! go to siriusmerger.com for details
Rob - 4/10/2008 3:14:00 PM EDT -
Uninformed Attitudes like this is what makes it possible for this stock to be manipulated short so easily.
It appears the CEA will go on pushing forever because, although the FCC did have the authority to approve or disapprove the 'licensr transfer' they have absolutely no voice whatsoever in any merger approval or dissapproval -- that was the DOJ.
The hold up that seems to have everyone so miffed in this case is due to the DOJ and not the FCC.
Now that the DOJ has spoken, the FCC has no choice in the matter but to approve the license.
The FCC loses its leverage once the FCC steps in.
The FCC, SIRI, XM, and scores of businesses afraid to compete with the new company presented evidence to the DOJ and since the DOJ ruling came with no strings attached, the FCC would be quickly over ruled should they attempt to place additional conditions on the licensing transfer that either SIRIUS or XM consider unreasonable.
The reason why the FCC has never overturned a DOJ ruling is because it CAN'T!
It's only REAL power is that of granting and revoking licenses and, in all due honesty, Approval has already been granted.
The FCC and SIRI have been ironing out the details for only the past couple of weeks which, in this comples situation can, in no way, be considered an excessive amount of time...except by scared traders stupid enough to sell at a loss NOW when they know for a fact
FCC approval WILL be anounced pushing the price well above the annual low.
Merger news could put the price above $4 to stay.
Debt + merger costs does not exceed capital gains that will be realized upon auction / sale of unneccessary sattelite business after it has been relieved of the 8 or so million subscribers it now represents.
All this in addition to a reported $5Billion synergestic cost reduction over the nest 5 years.
Wh cares when the FCC approves?
jamalma - 4/10/2008 2:55:00 PM EDT
Martin: No XM-Sirius Vote at Aug. 1 Meeting
07/11/2008XM Restructures Debt
07/23/2008Martin: XM-Sirius Order Could Be Out Tuesday
08/04/2008FCC Releases XM-Sirius Details
07/28/2008



























