U.S. merger has no effect yet on XM Canada

TORONTO - XM Canada says the recent U.S. Department of Justice approval of the merger between U.S. companies XM Satellite Radio Inc. and Sirius Satellite Radio Inc. will have no immediate impact on XM Canada’s service to subscribers. “We have a strong business model in Canada and are committed to an aggressive growth strategy aimed at increasing our subscriber base and delivering outstanding programming right across the country,” said Michael Moskowitz, President and CEO of XM Canada, in a statement Monday. “We are excited about XM Canada’s prospects as 60 per cent of all new vehicles made by Canada’s automotive...