Satellite Technology News

powered by google

Satellite Spotlight:  

Satellite Technology RSS Feed
Share

TMCNet:  Canadian Satellite Radio Holdings Inc. changes name to Sirius XM Canada Holdings Inc.

[January 15, 2013]

Canadian Satellite Radio Holdings Inc. changes name to Sirius XM Canada Holdings Inc.

TORONTO, Jan. 15, 2013, 2013 (Canada NewsWire via COMTEX) -- Canadian Satellite Radio Holdings Inc.

(the "Company") (TSX: XSR), parent of Sirius XM Canada Inc., announces that it has changed its name to "Sirius XM Canada Holdings Inc." effective today. The Toronto Stock Exchange has informed the Company that its Class A Subordinate Voting Shares will commence trading under the new name in approximately two to three business days of this announcement. The Company will retain the TSX trading symbol "XSR".

"This name change is another sign of the success we have had in merging Sirius Canada and XM Canada," said Mark Redmond, CEO SiriusXM Canada.

"Now, the publicly traded holding Company's name aligns with the unified SiriusXM brand that Canadians know and love." Shareholders need not take any steps to exchange their share certificates as a result of this change.

About SiriusXM Canada Sirius XM Canada Holdings Inc. (TSX: XSR) operates as SiriusXM Canada.

SiriusXM Canada is the country's leading audio entertainment company and broadcasts more than 120 satellite radio channels featuring premier sports, news, talk, entertainment and commercial-free music. SiriusXM Canada offers an array of content from the most recognized news and entertainment brands as well as from professional sports leagues including the NHL, NFL, MLB and CFL.

SiriusXM programming is available on a variety of devices including pre-installed and after-market radios in cars, trucks and boats, smartphones and mobile devices, and consumer electronics products for homes and offices.

SiriusXM programming is also available online at www.siriusxm.ca and on Apple, BlackBerry and Android-powered mobile devices.

SiriusXM Canada has partnerships with every major automaker and its radio products are available at more than 3,000 retail locations nationwide. To find out more about SiriusXM Canada (TSX: XSR), visit our website at www.siriusxm.ca.

Forward-Looking Statements Certain statements included above may be forward-looking in nature. Such statements can be identified by the use of forward-looking terminology such as "expects," "may," "will," "should," "intend," "plan," or "anticipates" or the negative thereof or comparable terminology, or by discussions of strategy. Forward-looking statements include estimates, plans, expectations, opinions, forecasts, projections, targets, guidance or other statements that are not statements of fact.

Although SiriusXM Canada believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct.

SiriusXM Canada's forward-looking statements are expressly qualified in their entirety by this cautionary statement. SiriusXM Canada makes no commitment to revise or update any forward-looking statements in order to reflect events or circumstances after the date any such statement is made, except as required by applicable law. Additional information identifying risks and uncertainties is contained in the Company's filings with the Canadian securities regulators, available at www.sedar.com.

SOURCE: SiriusXM Canada To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/January2013/15/c5892.html SOURCE: SiriusXM Canada SOURCE: Canadian Satellite Radio Holdings Inc.

Morlan Reddock Director Investor Relations & Treasury 416-513-7418 morlan.reddock@siriusxm.ca Kristen Dickson TMX Equicom 416-815-0700 ext 273 kdickson@tmxequicom.com

[ Satellite Spotlight's Homepage ]


blog comments powered by Disqus

FREE Satellite eNewsletter

Subscribe to our free weekly Satellite Spotlight eNewsletter!

Get the latest expert news, reviews & resources. Tailored specifically for Satellite Technology and Communications.

Satellite Technology White Papers

Innovative Features Mean Major Savings for Cellular Operators Using Satellite Backhaul
With the rising cost of satellite bandwidth and the need for more of it to support an ever increasing number of voice, data and now video services, operators must seek ways to reduce both their hardware investment costs and operating expenses, especially when fierce competition forces them to provide these new services without raising their rates.

Satellite Technology Features