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WASHINGTON Sirius Satellite Radio CEO Mel Karmazin on Wednesday attempted to clear up confusion over the price customers would have to pay if his company and XM Satellite Radio are allowed to merge.
Karmazin told lawmakers on the House Commerce Committee’s telecommunications panel that the most customers would have to pay is $25.95 if they chose to receive all of the programming available on both services.
“Prices will not go up,” Karmazin told Rep. Ed Markey, D-Mass.
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