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Technology Stocks : XM Satellite Radio Holdings Inc. (XMSR)

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To: bryston who wrote (27)	7/28/2000 8:29:49 AM
From: bryston	Read Replies (2) of 3386

From today's SkyREPORT.COM: <US-Mexico Agree On DARS Plan The United States and Mexico reached an agreement on the joint use of DARS offerings within their border area. Under the pact, announced Thursday by the Federal Communications Commission and the State Department, the nation's two DARS licensees will be able to provide continuous programming around the border area. The agreement covers the wireless repeater network that will be used by the two DARS companies, Sirius Satellite Radio and XM Satellite Radio. It also removes any potential issues for the U.S. satellites beaming into the same area. Under the agreement, satellite DARS operations may include repeaters to fill in but not extend past service areas. The DARS service of one country may not be offered for sale in the other country. The agreement has been under negotiation for the past two years and its signing is a major step toward establishing long term stability for DARS and terrestrial systems operating in the border area. The FCC also said the agreement provides a reference upon which future service developments in the border area may be based.>

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