Sirius XM Holdings Inc (SIRI)

[Nubedo]

Just some hohum news........

http://news.radio-online.com/cgi-bin/$rol.exe/headline_id=n17506

FCC Sees Decision on Proposed Sirius-XM Deal By Q1 End

In a press briefing with reporters on Tuesday, FCC Chairman Kevin Martin (pictured) says the Commission has yet to finish its review of the proposed merger between Sirius and XM Satellite Radio. And that the agency had several "follow-up questions" for the two companies as recent as last week. Additionally, Martin indicated that FCC's part in the regulatory review should be completed by the end of the first quarter.

Even though he told reporters that the Commission is not waiting on DOJ to complete its review of the proposed merger, the FCC usually waits for the Justice Department to issue its findings.

Although Martin would not comment on what recent information the agency had been seeking from the two satcasters, he has in the past expressed his favor of a ala carte subsciption-based service as a condition of approving the merger. (01-15-08)