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Essay

Xm Satelite Radio

Essay specific features

 

Issue:

Business

 

Written by:

John J

 

Date added:

August 25, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 893

 

Was viewed:

7193 times

 

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Essay content:

XM has also merged their product into other consumer products such as vehicles. In February 2007, XM Radio and Sirius Radio announced that they planned to merge into a single satellite radio company. XM and Sirius are both in debt, and a merger could solve that problem. The merger may also lead to lower prices and more programming choices for consumers...
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Some people are worried about the two companies joining, fearing a monopoly would raise prices. “With a merger, Sirius and XM stand to save a lot of money. ‘There are billions of dollars--billions with a 'B'--that could be saved,’ says Sirius CEO Mel Karmazin. And failing to merge could be costly...
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