Monday, April 16, 2007

Breaking News: Sirius Receives Grant to Launch and Operate Satellite

Today, April 16, 2007, Sirius received grant of authority to launch and operate a geostationary satellite (FM-5). The license term will be for 8 years starting when Sirius notifies the FCC that it has been launched and put into operation.

The FCC made it clear that the grant was issued without prejudice to any action the FCC might take regarding the requirement to produce an interoperable satellite radio. The statement had an ominous tone. It may be nothing or it may be a sign of an impending action.

The grant came rather quickly without much fanfare or analysis, such as seen with XM's application to replace its two satellites.

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