FCC Chairman Kevin Martin today refused to reveal to reporters much about the current status of the decision surrounding the Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc. merger.
But the Martin did indicate that a decision could still come by the end of this month.
"As I have said before, I think they face a very high hurdle," Martin told reporters at the agency's headquarters today. Chairman Martin also noted that the proposed merger directly challenges the FCC rule that prohibits the two from combining.
Martin stated back in January that it was the agency's goal to come to decision by the end of the first-quarter. He reiterated that goal today.
"We're just at the beginning of March," he said. "So I wouldn't say that we still can't get it done by the end of the first quarter."
This obviously isn't set in stone as the FCC still needs to coordinate its decision with the DOJ. Just last month the FCC Chairman said that the agency doesn't have a timeline when it comes to the process.
When asked whether the deal could set a precedent for arguments that today's expanding media marketplace crosses the traditional media boundaries regulated by the FCC, Martin said: "That is the thrust of everything we are doing."