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The FCC dismisses Liberty Media's (LMCA) application for approval to take de facto control of...
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Friday, May 4, 2012, 6:22 PM ETThe FCC dismisses Liberty Media's (LMCA) application for approval to take de facto control of Sirius XM (SIRI). Liberty, which owns preferred shares convertible into a 40% stake in SIRI, was unable to obtain the necessary passwords and other info needed to file the application electronically, which rendered the application "unacceptable."
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This news story has 3 comments:
It's time to grow like facebook with the very best Radio Network in the World!!!
C. Timothy Maloney
Shareholder
Las Vegas, Nevada
I wish that the authors of the analytical articles in Seeking Alpha like Stephen Faulkner and Rocco Pendola would write to us about whether SIRI can go global.
What are the obstacles and or risks for going global; and what are the potential benefits to us the stockholders!
But I think it's inevitable that at some point, satellite radio will be a world wide phenomenon.