Mobile Satellite Radio

XM Satellite Radio’s CEO Hugh Panero has said he expected satellite radio and cellphone services to converge within the next five years.

“Obviously, our core base is people who listen to radio in the home and car and now in the mobile market, and I think that as other distribution points present themselves, whether it be cellphones, or other mobile devices, we obviously can have a place in that,” Panero told Reuters.

XM Satellite Radio
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