SIRIUS CANADA WELCOMES CRTC DECISION ON SATELLITE RADIO CNW Sirius Canada Inc. thanks the Canadian Radio-television and Telecommunications Commission (CRTC) for its decision today granting a licence, subject to conditions, that would allow Sirius to begin broadcasting its world-class lineup of subscription satellite radio channels to the Canadian marketplace.
"The commission has worked hard to give us a reasonable and creative framework within which we can move toward providing Canadians with an outstanding programming line-up. We're going to explore with our partners the conditions of licence in more detail, and their impact on our business model," said Kevin Shea, President and CEO of Sirius Canada. "At the end of the day, the service has to be commercially viable," Shea added.
Sirius Canada and its partners will be reviewing the CRTC's decision in detail in the very near future, and will be available for comment further once a thorough analysis of today's decision has been undertaken. |