Wednesday, January 17, 2007
Reuters On Martin: The FCC Would Examine Any Transaction Submitted
WASHINGTON, Jan 17 (Reuters) -
The Federal Communications Commission said on Wednesday licenses held by XM Satellite Radio Holdings Inc. (XMSR.O:
Quote,
Profile ,
Research) and Sirius Satellite Radio (SIRI.O:
Quote,
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Research) prevent them from combining,
but one industry expert said they could ask for the licenses to be modified."There's a prohibition on one entity owning both of those licenses," FCC Chairman Kevin Martin told reporters during a news conference after an agency meeting.
However, Martin also said the FCC would examine any transaction submitted to it...read more:
here1/17/2007 04:04:00 PM
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