Posted AT 8:40 PM EDT on 04/04/06
Getting the frequency
Since the inception of satellite radio, consumers have been forced to choose between two competing networks, XM Satellite Radio Holdings Inc. and Sirius Satellite Radio Inc., depending on the kind of hardware they buy.
But new documents show the rival companies have designed a receiver capable of carrying both services — a development that could significantly alter the competitive landscape of the emerging industry.
However, despite spending more than $5-million (U.S.
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