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Sirius Promises Lower Prices in XM Combo

Wednesday, March 21, 2007 2:37:13 PM
By SETH SUTEL

NRG Media Chief Executive Officer Mary Quass testifies on Capitol Hill in Washington, Tuesday, March 20, 2007, before a Senate Judiciary subcommittee hearing on the proposed XM-Sirius radio  merger.  (AP Photo/Dennis Cook)NEW YORK (AP) - Sirius Satellite Radio Inc. is promising more programming choices and lower pricing options as part of an effort to convince federal regulators to approve its proposed acquisition of rival XM Satellite Radio Holdings Inc.

The deal still faces opposition from several consumer groups, however, and what's certain to be a tough regulatory review in Washington by antitrust authorities and the Federal Communications Commission.

In an application submitted to the FCC on Tuesday and disclosed in a regulatory filing on Wednesday, Sirius said that the combined company would allow subscribers greater flexibility in choosing programming options, including a lower price if they elect to receive fewer channels.


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