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Satellite Radio: FCC’s Adelstein Votes No; All Up to Tate

July 23, 2008
by Eric Savitz
Blogger and Columnist, Barron's, Tech Trader Daily

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Eric Savitz

Federal Communications Commission member Jonathan Adelstein has voted to oppose the proposed merger of XM Satellite Radio (XMSR) and Sirius Satellite Radio (SIRI), leaving the current tally tied at 2-2, with only Deborah Taylor Tate yet to decide. If she votes yes, the deal goes through. If she votes no, the deal dies.

According to Bloomberg, Adelstein said in a statement that the combination would create “a monopoly with window dressing.” Adelstein and Michael Copps, both Democrats, have voted no. Chairman Kevin Martin and Robert McDowell, both Republicans, have voted yes. That leaves the decision up to Tate–a Republican.

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Print Sphere Comment Tagged: Barron's, Bloomberg, Deborah Taylor Tate, Eric Savitz, FCC, Jonathan Adelstein, Kevin Martin, Michael Copps, Robert McDowell, Sirius Satellite Radio, Tech Trader Daily, Voices, XM Satellite Radio, frontpage, monopoly | permalink

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