FCC to “Act Soon” on XM/Sirius

The FCC is set to “act soon” on the proposed merger between XM and Sirius Satellite Radio, the agency’s head said on television last week.

According to Reuters, FCC chairman Kevin Martin appeared on a CNBC program and said that his agency “will hopefully be able to do something on it soon,” referring to the proposed merger.

Martin had said previously that the FCC would rule on the merger by the end of June.

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Companies:
Sirius Satellite Radio
XM Satellite Radio