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XM Loses Satellite Arbitration, Gains Advertisers Through Oprah

October 2, 2006 | Satellite News | Staff Writer

An arbitrator denied XM Satellite Radio's request to recover 20 percent of the value of two Boeing-built satellites, XM announced in a Sept. 27 filing with the U.S. Securities and Exchange Commission. The XM-1 and XM-2 satellites suffered from power loss due to a solar panel problem that affected a group of...

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