BUSINESS
By BLOOMBERG NEWS | March 8, 2007
WASHINGTON -- Sirius Satellite Radio Inc. Chief Executive Officer Mel Karmazin clarified yesterday his pledge to freeze prices in order to win approval of the proposed $4.29 billion purchase of XM Satellite Radio Holdings Inc. Karmazin, testifying at a House Energy and Commerce subcommittee hearing on digital radio, said XM or Sirius subscribers who elect to keep their existing service after the companies combine won't see a price increase from the...
NEWS
By MELISSA HARRIS and MELISSA HARRIS,SUN REPORTER | April 10, 2006
WASHINGTON -- It may be the only talk-radio station in America where federal workers won't get bashed. On WFED Federal News Radio, 1050 AM, the region's army of bureaucrats is the target audience, tuning in to the low-power station's Silver Spring signal from as far north as Columbia and Fort Meade. It's a concept that could work only in the Washington area: 24 hours of daily programming on federal pay, retirement benefits, contract management and the occasional dig at politicians - spiced up with programs such as Who's Your Data?
BUSINESS
By KNIGHT RIDDER/TRIBUNE | August 13, 2005
SAN FRANCISCO - Almost half of cell-phone users feel hemmed in by the hefty fees they face for early termination of their contracts, according to a new survey from a consumer advocacy group. The survey of 1,000 households found that 47 percent said they'd consider dropping their plan if they didn't have to pay an early-termination fee, and 13 percent of that group said they'd switch as soon as possible. Ipsos North America conducted the poll for the U.S. Public Interest Research Group, a nonprofit consumer advocacy group, which included the survey in a report on the cell-phone industry.
BUSINESS
By COX NEWS SERVICE | August 6, 2005
WASHINGTON - Federal regulators unanimously agreed yesterday to relax regulations on phone companies' high-speed Internet services, a decision cheered by Bell companies and booed by consumer advocates. The Federal Communications Commission voted 4-0 to reclassify digital subscriber lines as an "information service" that would be far less regulated than traditional phone service. The change means the government no longer will require phone companies to lease their high-speed lines at regulated rates to competing Internet service providers such as Atlanta-based EarthLink Inc. BellSouth Vice President Herschel Abbott said FCC Chairman Kevin Martin "should be widely applauded for pushing to completion these sweeping changes."
BUSINESS
By Mike Himowitz | June 16, 2005
ONE DAY in the not-too-distant future, all the TV sets in your home that aren't hooked to cable boxes will turn into pumpkins. If you want to receive over-the-air broadcasts, you'll have to replace them with sets that cost at least twice as much, or pay a $100 "digital TV tax" for each set. That's what I call the estimated cost of a converter that will enable your set to do what it did for free the day before - receive TV broadcasts. You can thank Congress for this opportunity. Back in 1996, our lawmakers, the nation's broadcasters, the Federal Communications Commission and the folks who make consumer electronics hatched a scheme that will cost households hundreds, if not thousands of dollars each for something they have demonstrated only a marginal appetite for so far - high definition digital television (HDTV)
BUSINESS
By ANDREW LECKEY | May 1, 2005
I hold a substantial number of shares of SBC Communications Inc. and have incurred a considerable loss since purchasing them in 2002. What are the prospects for this company? - R.E., Columbia, Conn. This telecommunications powerhouse with investments in 14 countries is getting even bigger. Its $16 billion purchase of AT&T Corp., expected to be completed by mid-2006, would make it the largest U.S. communications company. The future of its stock will be decided by how investors view the deal.