Rochester,NY 8/12/2009 9:35:45 PM
Sirius XM Radio Inc.,SIRI-The FCC has granted Another Extension On Channel Leases to Sirius
Sirius XM Radio Inc
The FCC has given another extension to Sirius XM Radio to lease 4 percent of its channel capacity to qualified entities. Leasing out the channels was a condition of the XM-Sirius merger.
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The original deadline to get the leases in place November 28, 2008, originally extended to February 27, 2009, but held after that while the FCC sought comment on the mechanics of the leases.
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