spacetoday.net: space news from around the webin association with SpaceNews


XM and Sirius announce merger plans
Posted: Tue, Feb 20, 2007, 8:50 AM ET (1350 GMT)
The two satellite radio companies serving the US announced Monday that they plan to combine in a "merger of equals" valued at $13 billion. XM Satellite Radio and Sirius Satellite Radio will join forces in an effort to reduce costs and be better able to deal with competing technologies ranging from the Internet to terrestrial radio. The companies said they have not decided yet the name of the merged company nor where it will be headquarters; Sirius is based in New York while XM is in Washington DC. XM Chairman Gary Parsons will be chairman of the combined company while Sirius CEO Mel Karmazin will be CEO. The companies expect the merger to close by the end of 2007, but the deal faces potentially difficult regulatory approvals from both the FCC and the FTC.
<<previous article   next article>>
news in brief
Intelsat finalizes C-band satellite orders and launches
Posted: Sun, Sep 20 10:01 AM ET (1401 GMT)

Northrop Grumman wins military satellite contract
Posted: Sun, Sep 20 9:56 AM ET (1356 GMT)

OHB signs contracts for ESA planetary defense mission
Posted: Sun, Sep 20 9:53 AM ET (1353 GMT)

news links
Thursday, October 22
Space Force Launches New Operations Branch
Air Force Magazine — 6:11 am ET (1011 GMT)
Space Force welcomes new command in Colorado Springs
Colorado Springs Gazette — 6:11 am ET (1011 GMT)
Rocket Lab stands down Canon launch
New Zealand Herald — 6:09 am ET (1009 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list