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FCC's Martin Comments On XM/Sirius Merger

3/21/2008 11:54:00 AM Eastern

Washington — Kevin Martin, Federal Communications Commissions (FCC) Chairman, said he had asked the agency's staff to put together draft documents outlining different possible decisions the agency might reach on the Sirius/XM, according to a Reuters report.

Martin said the agency is moving closer to reaching a decision on the possible merger of Sirius and XM, although Martin reportedly said he had not made a decision.

From Reuters: “I haven't decided what I'm going to end up doing on it. I think that (FCC staff) will have various cuts and options as a part of it, but I haven't decided yet,” said Martin.