honda xm radio at OnlyAutos.net

Xm and Sirius Merger – a Benefit to Consumers

The two United States satellite radio service providers, XM and Sirius, have declared that they will be merging, which is good news for consumers. XM Satellite Radio and Sirius Satellite Radio are combining into one business entity, which will merge all stocks and assets. The tax-free merger will unite the net worth of both companies, which will total $13 billion minus about $1.6 billion of debt.

The combined number of subscribers for both XM and Sirius satellite radio services totals about 14 million, and the added number of subscribers in the merged company should be an advantage to consumers. Both XM and Sirius say that subscribers will have the ability to choose which channels they want and which they don’t with the new satellite radio service, rather than having to subscribe to all the channels at once. This will give consumers the ability to pay for the satellite radio channels they want, and forego the satellite radio channels they don’t really need.

“We are excited for the many opportunities that an XM and SIRIUS combination will provide consumers,” said Gary Parsons and Hugh Panero in a joint statement. Parsons is Chairman of XM Satellite Radio and Hugh Panero is CEO of XM Satellite Radio.

“This combination is the next logical step in the evolution of audio entertainment,” said Mel Karmazin, CEO of Sirius Satellite Radio.

The new satellite radio company will be headed up by the current Chief Executive Officer of Sirius, Mel Karmazin. Hugh Panero, the Chief Executive Officer of XM, will continue with his current duties until the close of the merger. The Chairman of the new satellite radio company will be Gary Parsons, current Chairman of XM. Both Karmazin and Parsons will sit on the new company’s board of directors. The two will be joined by ten other business people, including representatives from GM and American Honda, and eight other independent members.

Both XM Satellite Radio and Sirius Satellite Radio will continue to be separate corporate entities until the end of the business transaction. The two companies must work together to figure out the name of the new merged business, as well as the location for the new corporate headquarters.

People who hold XM stock will get an exchange of 4.6 shares of Sirius stock in the merger for each share of XM stock. All shareholders of both XM and Sirius will now own about half of the merged corporation.

The XM and Sirius satellite radio merger will not be complete until it is approved by both company’s shareholders. The satellite radio services must also go through a regulatory review, and the merger must be approved by the Federal Communications Commission. XM Satellite Radio and Sirius Satellite Radio say the merger should go through by the end of 2007.

For more resources about Satellite Radio or about Sirius and especially about XM please review these links.

About the Author

For more resources about Satellite Radio or about Sirius and especially about XM please review these links.

XM BlitzSafe Audio Installation in Acura TSX

 

Honda Odyssey 2008-2010 CD6 XM ready radio. OEM factory original CD changer. NEW $179.99

Honda Odyssey 2008-2010 CD6 XM DVD radio. OEM factory original CD changer. NEW $199.99

Honda Odyssey 2005-2007 CD6 XM ready radio. OEM factory original CD changer. NEW $199.99

Honda Ridgeline Factory Audio Head Unit / Radio / CD / XM Ready 39100-SJC-A001 $19.88

2009 2010 2011 HONDA PILOT EX XM RADIO ECU 39820-SZA-A010 $125.00

2010 Honda Civic EX Single CD MP3 XM Radio LKQ $94.83

06-08 Honda Civic Single CD MP3 XM 4TC7 Radio OEM $142.42

Honda Pilot 6 Disc CD Radio XM LKQ $152.81

2010 10 HONDA CIVIC COUPE SI COUPE XM SATELLITE RADIO $256.12

06-08 Honda Civic OEM AM-FM CD MP3 XM WMA Radio used W/code $95.00

Honda Accord 2006 2007 in dash 6 disc radio OEM factory original XM radio $200.00

08 09 2010 2011 2012 Honda Accord OEM Factory In-Dash 6 Disk Cd Changer XM Radio $149.99

2007 – 2010 OEM Honda CRV AM FM & XM Radio 6 CD Changer 39100-SWA-A100 NEW $159.99

2008 Honda Ridgeline in-dash radio CD XM Ready headunit factory DEH-M7147zh WORK $149.00

06 07 08 09 HONDA CIVIC CRV FIT ELEMENT NAVIGATION CD PLAYER XM RADIO PREMIUM $480.00

Honda : Accord Hybrid 2007 Honda Accord Hybrid 37K miles Navigation & XM Radio $11,211.00

Honda 06 CRV cr-v Radio tape 6 CD Disc Changer player XM 39100-S9A-A601 $125.00

NEW! HONDA CIVIC GPS NAV NAVIGATION UNIT CD DISC PLAYER XM RADIO 10 11 2010 2011 $795.99

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2007 2008 2009 2010 2011 HONDA ELEMENT FACTORY XM READY MP3 CD PLAYER OEM RADIO $89.95

2006 2007 2008 HONDA PILOT FACTORY 6 DISC CD DVD CHANGER XM SATELLITE RADIO $149.95

08 09 2010 2011 2012 Honda Accord OEM Factory In-Dash 6 Disk Cd Changer XM Radio $210.00

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2007 Honda Civic Navigation System w/ 6 Change CD Player, XM Radio & More $384.95

05 06 HONDA CRV AUDIO EQUIPMENT XM RADIO TUNER $150.00

NEW 2008 HONDA ODYSSEY EX FACTORY 6-DISC CD WMA MP3 1XU8 PLAYER XM RADIO STEREO $71.92

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99 00 01 Honda CRV CD Player Radio 1XM1 LKQ $62.81

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2011 11 HONDA CIVIC SEDAN XM SATELLITE RADIO KIT $256.12

HONDA CIVIC PREMIUM CD DISC MP3 PLAYER SAT XM RADIO 06 07 08 09 10 39100-SVB-A11 $85.99

HONDA ODYSSEY CD 6 DISC PLAYER RADIO W/CODE XM 2005 – 2009 1PU0 39100-SHJ-A200 $169.99

06 07 08 Honda PILOT Radio XM Satellite AUX 6 Disc CD Changer 1TV9 39100S9VA510 $294.00

99 2000 01 02 03 04 HONDA Prelude CRV Accord Odyssey XM Radio 6 CD Changer $289.00

06 07 08 Honda PILOT Radio XM Satellite AUX 6 Disc CD Changer 1TV9 39100S9VA510 $279.00

Honda Odyssey 2005-2007 CD6 XM ready radio. OEM factory original CD changer. NEW $179.99

Honda Pilot 2006-2008 CD6 XM ready radio. OEM factory original CD changer $169.99

Honda Element EX Radio CD Player AUX XM MP3 WMA Stereo OEM No Reserve $140.00

Honda : Pilot 2007 HONDA PILOT V6 AUTO POWER WINDOWS, POWER LOCKS, XM RADIO 6 DISC CD, 3RD ROW $17,900.00

99 2000 01 02 03 04 HONDA Prelude CRV Accord Odyssey XM Radio 6 Disc CD Changer $275.00

05 06 07 Honda Odyssey XM AUX Navigation/ Radio / CD Player & Changer / 1AU0 $100.00

Honda Pilot 2006-2008 CD6 XM DVD control radio. OEM factory original CD changer $249.99

2007 – 2010 OEM Honda CRV AM FM & XM Radio 6 CD Changer 39100-SWA-A203 Excellent $49.99

Honda : Odyssey ONE OWNER, XM RADIO, DVD PLAYER, POWER TAILGATE, BACKUP CAMERA, CLEAN CARFAX $25,200.00

NEW 2009 2010 HONDA ODYSSEY 1XU4 6-DISC CD MP3 DVD PLAYER CHANGER DVD XM RADIO $79.99

NEW 2003 04 05 HONDA ACCORD PILOT FACTORY ALPINE XM SATELLITE RADIO TUNER MODULE $5.99

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