HerbKohl
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Senator opens inquiry into rising text messaging rates
The increasingly high cost of text messaging has already caused a bit of a stir in Canada, and it looks like Democratic Senator Herb Kohl of Wisconsin is concerned with the situation in the US as well, with him now opening an inquiry to attempt to get the carriers to explain themselves. Apparently, Kohl is a bit puzzled as to why some customers are now paying 20 cents per message when they paid just 10 cents in 2005, a period that Kohl notes just happens to overlap with some consolidation in the wireless industry, when the number of national carriers shrunk from six to four. Those carriers, as you might expect, aren't saying much just yet, with Sprint only going as far as to say that it looks forward to "responding to the Senator's inquiry about the text messaging options we offer our customers and we will fully cooperate with his request," and the rest saying even less.
NAB, Congress react to merger approval; XM and Sirius let haters hate, watch money pile up
Well, it's only been a couple hours since the DOJ officially approved the XM / Sirius merger, and while we're a little surprised at how low-profile the two satellite radio services are being about the decision, there's nothing at all shocking about NAB's reaction -- the organization says it's "astonished," and that the Justice Department's decision to "propose granting a monopoly" to the two companies is "breathtaking." Yeah, they're not happy. Same goes for various members of Congress: Rep. Ed Markey, head of the House telecom subcommittee, expressed his disappointment that "the Bush administration has apparently never seen a telecommunications merger it didn't like," and suggested FCC approval would have to come with strict conditions, while Sen. Herb Kohl flatly said the deal would "create a satellite radio monopoly" and encouraged the FCC to block it. That's a lot of haterade -- but XM and Sirius are apparently too busy looking deeply into each other's eyes as their respective stock prices soar, because the only post-decision statement either company has made is a rehash of a months-old list of organizations and people that support the merger. Ah, young love -- so innocent, so oblivious.Read - NAB statementRead - Bloomberg article with Congressional reactionRead - XM list of supporters
