XM, Sirius Still Have Much to Prove
April 22, 2008
XM and Sirius Satellite Radio face concerns over subscriber adds, rising churn rates and lower revenue per subscriber. While many expect the Federal Communications Commission to follow in the Justice Department's footsteps in granting regulatory approval, there are fundamental problems that many Wall Street analysts cannot look past as the satellite operators focus more on the merger than on their respective business.
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XM, Sirius Still Have Much to Prove