Latest News
[Satellite TODAY 04-13-11] The Canadian Radio-television and Telecommunications Commission (CRTC) approved the merger of Canadian Satellite Radio Holdings (CSR), parent company of XM Canada, and Sirius Canada, the companies announced April 11.
"This decision will lead to the creation of a stronger combined organization, better equipped to innovate and compete in the broader audio entertainment marketplace," Mark Redmond, president and CEO of both Sirius Canada and the merged entity, said in a statement. "We are pleased that the CRTC recognized the clear benefits derived from this merger."
Sirius Canada and CSR agreed in November to merge and hope to close the deal by June.
Get the latest Via Satellite news!
Subscribe Now