Sirius XM Says It Wants Ability to Raise Basic Subscription Rate
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Sirius XM Radio Inc., the U.S. satellite radio broadcaster, wants to be free to raise its basic monthly subscription price from $12.95.
Sirius, which reported 19.8 million customers at the end of the third quarter, told the Federal Communications Commission in a Jan. 20 filing that the agency shouldn’t extend a price freeze negotiated as part of the 2008 merger that formed the company.