Sirius CEO Mel Karmazin told a House Judiciary Committee’s antitrust task force meeting that the merged company would accept a price cap for existing services and that a radio to work with both services could be available immediately. He said he already has one in his office.
He also hinted that what he would like to do is offer tiered services at different prices so that some cheaper tiers might be created.
He also promised the current radios wouldn’t be made obsolete by the merger and that they would continue to work unless someone wanted both services.