Monday, July 23, 2007

UPDATE 3-XM, Sirius promise low cost packages, more choice

(Reuters) - NEW YORK/WASHINGTON, July 23 - U.S. satellite
radio companies Sirius and XM promised on
Monday a variety of subscription packages that cost up to 46
percent less than current plans if their merger is approved.




In a bid to allay critics' concerns that their merger would
raise prices and limit programming choices, the two companies
announced several new packages they said would offer consumers
more choices than they could provide individually.


Read more at Reuters.com Bonds News

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