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December 02, 2004
XM Satellite Radio on Cellphones?
With the Official release of XM Satellite Radio's MyFi portable satellite radio receiver, XM Satellite Radio chief executive officer Hugh Panero on Wednesday 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 on Wednesday.
Panero said XM has had discussions with other service providers and hardware manufacturers. "They clearly have a need to efficiently provide content that will help motivate people to buy their hardware and we're a natural place to go as we have become a more important player in content,"
Within five years? Maybe. But I won't hold my breathe.
December 2, 2004 08:56 AM
