The longest application-to-clock delay in FCC history
Thursday, May 31, 2007 at 1:31 PM
It's been 70 days since Sirius-XM filed with federal regulators, and yet the merger hasn't even passed the preliminary review process. The FCC has yet to start its 180-day merger-review clock, and that smells like trouble for many.
"This constitutes the longest application-to-clock delay in FCC history," David Trout of M&A Researcher says in a report Wednesday. "There is simply no way to view the delay in a positive light."
And the delay seems to indicate that a decision won't arrive until sometime in 2008. That's cutting it close to election time, when political attention is far more focused elsewhere.
"It seems relatively safe to assume that the intervention -- in the form of face-to-face meetings -- of several politicians and organizations represented by former politicians is slowing the preliminary review process," Trout continued.
This chart illustrates how long this merger review process is taking, when compared to other major mergers:

"Each passing day without the FCC's pleading cycle and review clock being initiated threatens [hopes for] an FCC decision before the end of 2007," Trout writes.
It's been 70 days since Sirius-XM filed with federal regulators, and yet the merger hasn't even passed the preliminary review process. The FCC has yet to start its 180-day merger-review clock, and that smells like trouble for many.
"This constitutes the longest application-to-clock delay in FCC history," David Trout of M&A Researcher says in a report Wednesday. "There is simply no way to view the delay in a positive light."
And the delay seems to indicate that a decision won't arrive until sometime in 2008. That's cutting it close to election time, when political attention is far more focused elsewhere.
"It seems relatively safe to assume that the intervention -- in the form of face-to-face meetings -- of several politicians and organizations represented by former politicians is slowing the preliminary review process," Trout continued.
This chart illustrates how long this merger review process is taking, when compared to other major mergers: 
"Each passing day without the FCC's pleading cycle and review clock being initiated threatens [hopes for] an FCC decision before the end of 2007," Trout writes.


The League of Rural Voters today announced their support for the Sirius-XM merger, joining with
XM and Public Radio International (PRI) are expanding on 

The largest and oldest Latino organization in the U.S., the 
Congressman Mike Doyle (R-Pa.), who is also a member of the House Energy & Commerce Committee, has recently written the FCC and the Justice Department, opposing the Sirius-XM merger.
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