Sirius' Frear: We've Fixed Emissions Problem On Our Receivers
June 1, 2006 at 6:08 AM (PT)
SIRIUS SATELLITE RADIO EVP/CFO DAVID FREAR told the BERNSTEIN STRATEGIC DECISIONS CONFERENCE THURSDAY that the company has fixed models that were not in compliance with FCC RF emissions standards. FREAR said that the company went to its receiver manufacturers recently and found that some of the receivers tested "outside of the allowable emissions" but that "appropriate changes" were made and the receivers are now FCC-compliant.
FREAR also told analysts that the company plans to raise its subsctiption price and charge separately for online streaming, noting that SIRIUS has added programming.