Financial Times FT.com

FCC still sceptical about XM-Sirius merger

By Stephanie Kirchgaessner in Washington and Aline van Duyn in,New York

Published: June 1 2007 03:00 | Last updated: June 1 2007 03:00

The chief media regulator in Washington indicated yesterday that months of lobbying on Capitol Hill by XM and Sirius Satellite Radio about the benefits of the companies' proposed merger has done nothing to change his sceptical view of the deal.

"I think this is an unusual merger and I think it faces a high hurdle," Kevin Martin told reporters after a meeting at the Federal Communications Commission, essentially repeating the view he expressed after the deal was announced in February.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this