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CANADA GRANTS BROADCASTING LICENSE TO SIRIUS CANADA

06-16-2005

SIRIUS Welcomes the Decision and Will Review Conditions of License Before Announcing Plans

NEW YORK - June 16, 2005 - SIRIUS Satellite Radio (NASDAQ: SIRI) today announced that SIRIUS Canada, Inc., which is owned by SIRIUS, the Canadian Broadcasting Corporation (CBC) and Standard Radio, has received approval from the Canadian Radio-television and Telecommunications Commission (CRTC) to broadcast and sell the SIRIUS service in Canada.

SIRIUS recognizes that the CRTC has worked hard on a reasonable and creative framework for SIRIUS to move forward in providing Canadians with an outstanding programming line-up. SIRIUS plans to explore the conditions of the license in more detail with its business partners, and will be able to comment further once a thorough analysis of today's decision has been made.


R U M O R V I L L E
The Rumors you may or may
not want to know about ...

Microsoft to buy Sirius, could it be? Just a rumor floating around...but it would make sense to us. ( 6/15/06 )

* Our Members believe this is a prime time to buy, we see next week being very very bullish - Frank ( 4/25/06 )

* Could Toshiba be a SIRIUS partner for a portable/personal audio/video SIRIUS unit?

* With all that has been happening this week with both Sirius and XM, we here at SIRI News believe that a merger is in the works. It's no secret that both companies are burning cash, and they will need more. Someone big is bound to step into the game. ( 2/17/06 )

*fact: The Sirius Advertising blitz has started.


All statements contained are not verified for their accuracy. The statements may or may not be true and therefore are not to be relied on.
For entertainment purposes only.

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