5/16 – Under Legal Pressure, Sirius Will Not Raise Prices

Satellite radio subscribers won’t face a price hike through the remainder of 2011 under an agreement disclosed today by Sirius XM Radio. The satcaster settled a number of lawsuits brought by subscribers over add-on fees for things like internet listening and additional radios. Sirius XM was free to raise rates after July 28 when a three-year price freeze agreement with the FCC expires.

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