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XM Satellite Radio Regains FCC Compliance for Radios; Shares Jump 4.6%

Authored by Mark Hefflinger on August 25, 2006 - 1:21pm.
Washington - XM Satellite Radio announced on Friday that the Federal Communications Commission (FCC) has determined that several of its products have regained compliance with its emissions standards, and may resume production. The FCC notified both XM and rival Sirius in July that several of their radios with FM transmitters were in violation of signal emissions standards, forcing them to halt production of the radios. Sirius learned that its products had regained compliance on Aug. 10. Washington-based XM said today that it is notifying manufacturers of the Audiovox Xpress, Delphi RoadyXT and XM Sportscaster plug-and-play radios that they may resume production. The devices are expected to be available at retail for the holiday shopping season. Shares of the company rose 4.58% on Friday on news of the FCC decision.

http://biz.yahoo.com/prnews/060825/dcf012.html?.v=64
http://www.xmradio.com
tags: Tech | Radio | XM Radio | Investing | FCC | Satellite | Emissions | Standards | Stocks |



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