The U.S. Department of Justice has cleared the way for competing satellite radio services to merge into one company amid fears that the combined service would create an unstoppable monopoly. Sirius Satellite Radio and XM Satellite Radio first announced intentions to merge in February of 2007 -- 10 y...
XM Satellite Radio Holdings announced double-digit growth in revenues and its subscriber base despite Congressional foot-dragging in regard to its potential merger with rival Sirius Satellite Radio. The company's revenues increased 22 percent in 2007 to $1.1 billion, driven in large measure by its 1...
On Feb. 2, leading presidential candidates will have one last chance to make their pitches to young voters before Super Tuesday with the final installment of "Closing Arguments: A Presidential Super Dialogue," a presidential candidate discussion hosted by MySpace and MTV. Democratic contender Hillar...
AT&T is now selling the first cellular and WiFi BlackBerry handset, the BlackBerry 8820, which is an upgrade of the already popular 8800 series model. AT&T enterprise customers can use the BlackBerry 8820 with their corporate WiFi networks for additional data coverage, the device's manufactu...
Sirius Satellite Radio further shrunk its net loss in the second quarter, thanks in large part to 561,493 new subscribers and a revenue growth of 51 percent over the same quarter a year ago, the company reported Tuesday. Revenue reached $226.4 million, while the number of subscribers rose to 7.1 mil...
XM Satellite Radio posted second-quarter results that showed it managed to stem the flow of red ink that has dogged the company, thanks in part to strong gains in sales of new cars equipped with the technology. XM lost $175.7 million, or 57 cents a share, in the quarter that ended in June, compared ...
XM Satellite Radio's cofounder and longtime Chief Executive Officer Hugh Panero will vacate the CEO post in August. XM did not immediately name a full-time replacement, instead saying it would use its second quarter earnings conference call scheduled for Thursday morning to outline its plans for the...
XM Satellite Radio fully restored its service Tuesday, the company said, after outages affected an unknown number of subscribers for parts of two days. XM believed all service had been restored by early Tuesday afternoon, more than 24 hours after outages were first reported midday Monday. The compan...
Sirius Satellite Radio posted strong first-quarter results Tuesday, cutting its losses from a year ago on a surprising surge in new subscriptions. Sirius, which is trying to close a merger with rival XM Satellite Radio later this year, lost $144.7 million, or 10 cents a share, in the quarter that en...
In its latest move to promote its plan to merge with XM Satellite Radio, Sirius Satellite Radio says it will offer lower-priced packages to consumers if the companies are allowed to join. The goal, Sirius noted in a federal filing, would be to offer customers fewer channels at a price less than the ...
If Henry Ford were alive today, his jaw might very well drop to the floor. Though Ford's cars were innovative for the time, the automaker probably never could have imagined that the company that bears his name would one day ink a deal with Microsoft for hands-free Bluetooth technology in-vehicle ope...
XM Satellite Radio said Friday it added 1.7 million new subscribers during 2006, giving it some 7.6 million subscribers as it continues to lead rival Sirius in terms of total customers. The company said it added approximately 442,000 new subscribers in the fourth quarter, a key time of the year for ...
Cingular, Samsung and Microsoft have launched a new smartphone that leverages the latest functionality in Microsoft's Windows Mobile 5.0 operating system and takes advantage of consumer demand for the ultra slim form factor. Called "BlackJack," this is Samsung's first full-keyboard phone in its ult...
Cingular Wireless on Thursday threw down the mobile music gauntlet with several digital media partnerships and the launch of Cingular Music. However, it may be too little too late when it comes to competing with the market leading iPod. Cingular Music, which teamed with Microsoft to incorporate Wind...
Sirius Satellite Radio said Monday it would launch a Web-only version of its subscription satellite service, a significant step for the company as it tries to generate enough revenue to earn back major investments in on-air talent. Sirius will launch Sirius Internet Radio, which it described as a CD...
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