Sirius and XM Satellite have each agreed to extend their deal that has Sirius acquiring its larger rival. The two satellite radio operators are awaiting approval for the deal from the Federal Communications Commission.
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The FCC should have the customers' best interest at heart, and go ahead with approval of this merger.
This issue has become big news, and many believe that the FCC is more concerned for terrestrial radio companies than the people whom they are suppose to be representing.
It's beginning to look as if the terrestrial radio companies are trying to get a free ride on the backs of XM and SIRIUS, instead of spending their own income to launch their own satellites.
How many radio stations does Clear Channel own compared to the other terrestrial radio stations? Are they considered a monopoly among the other terrestrial radio stations?
And if so, why was this allowed?
Why should the competition be allowed to capitalize on companies they had no participation in building through all of the hard years of development.
We believe the FCC will see the value in doing the right thing and approve this merger soon for the people whom they took an oath to represent.
The customers want the merger.