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FOR IMMEDIATE RELEASE
April 3, 2007
CONTACT
Dennis Wharton
202-429-5350
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Carmel Group: XM/Sirius Merger Would Result in Less Choice, Less Diversity, Higher Prices

WASHINGTON, DC – A proposed merger between XM and Sirius would result in "less service, less affordability, less diversity, and less choice in content and hardware," according an 11-page study from The Carmel Group, a well-known telecommunications research group based in Carmel, California.

The Carmel Group was retained by the National Association of Broadcasters to review the proposed merger, given the company's long history of providing analysis related to telecommunications issues on a global scale.

Central to The Carmel Group's analysis was their "ping-pong chart" located in Appendix B, which highlights several actions initiated by either Sirius or XM and the subsequent parallel response of their competitor.

To read the full report, click here. Jimmy Schaeffler, chairman of The Carmel Group can be reached at (831) 643-2222.

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The National Association of Broadcasters is a trade association that advocates on behalf of more than 8,300 free, local radio and television stations and also broadcast networks before Congress, the Federal Communications Commission and the Courts. Information about NAB can be found at www.nab.org.

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