NAB STATEMENT ON FCC APPROVAL OF XM-SIRIUS MONOPOLY
by
Bob Hamilton
on
07/26/2008, 11:03 AM
Tags:
merger
,
xm
,
nab
,
sirius
WASHINGTON, DC --
Upon learning of the Federal Communications Commission's approval of the
proposed monopoly-merger of XM and Sirius Satellite Radio by a 3-2 vote, NAB
Executive Vice President Dennis Wharton issued the following
statement:
"Today's vote
certainly comes as a disappointment to NAB. We continue to believe that
consumers are best served by competition rather than monopolies."