“XM, Sirius Pitch Merger to Hill”

From here:

    The price of satellite radio service has become a sensitive topic in the debate over whether the nation’s two space-based radio companies should be allowed to merge, and lawmakers zeroed in on it yesterday.

    XM Satellite Radio Holdings of the District and Sirius Satellite Radio have charged customers $12.95 a month for all-or-nothing access to their many channels for several years. If federal regulators permit the companies to merge, listeners may have more options, at prices above and below that figure, executives told a House panel yesterday.

Read the rest here.