Satellite radio merger will not have immediate impact

TORONTO — Radio programming for XM Radio’s Canadian service will carry on uninterrupted, for the time being.

XM Canada recently assured their subscribers the merger of XM Satellite Radio and Sirius Satellite Radio south of the border will not immediately impact Canadian services.

“We have a strong business model in Canada and are committed to an aggressive growth strategy aimed at increasing our subscriber base and delivering outstanding programming right across the country,” said Michael Moskowitz, president and CEO of XM Canada.

“We will diligently review any opportunity that arises from this decision and evaluate the impact on our economic positioning and the benefit derived for our customers and shareholders.”

XM Canada will provide further comment when there are new developments from the U.S. Federal Communications Commission or the U.S. Department of Justice.

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