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XM Satellite Radio, Inc
Member rating: No Rating | Words: | Submitted: Tue Jun 20 2006
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XM Satellite Pioneering Innovation XM Satellite Radio, Inc. ("XM") was incorporated in 1992 and is a wholly owned subsidiary of XM Satellite Radio Holdings, Inc. XM is unique in that it employs a new medium of broadcasting - via satellite; aside from AM and FM bandwidths that have been the standard for radio broadcasting since the 1970's. Currently, the Federal Communication Commission ("FCC") has only granted two licenses for satellite broadcasting (XM and its primary competitor Sirius Satellite Radio ("Sirius")). XM currently transmits over 120 channels with unique programming nationwide. unique programming nationwide. XM has partnered with several leaders in the automotive and broadcasting industries including General Motors, American Honda and Clear Channel. XM is also expanding into agreements with smaller partners such as Avis, National and Alamo car rentals, JetBlu and AirTran airlines, as well as retailers such as Wal Mart, Best Buy and Circuit City. Operations are based at the...
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