Malkiel

Audiovox / Sirius Deal Means Good News for Consumers

Satellite radio is locked in to the government's bandwidth scheme, so there will always be somebody putting it out on the leased bandwidth from the satellites which will go to the highest bidder if SIRI goes bankrupt. A company like Audiovox would have good prospects of continuing to do business with whoever the successor to SIRI might be since they would have a head start on manufacturing to the sat radio specs, so this looks like an excellent move for them. Satellite radio believers might want to stop buying all these decaying SIRI shares and start buying some VOXX...