XM
Satellite Radio has signed an agreement with Visteon Corporation for the production
of car audio systems able to receive XM’s satellite radio broadcasts due to begin
in the continental United States this summer.
The digital radio service will allow vehicle occupants to listen to around
100 new radio channels from coast-to-coast, covering such formats as music,
news, talks, sports, entertainment and children’s programming, 24 hours a day,
seven days a week.
Go deeper with GlobalData
XM Satellite Radio has established a transmission network consisting of studios
in Washington D.C., two geostationary satellites positioned above the east and
west coasts of the USA and local relay networks.
Under terms of the agreement, Visteon and XM will jointly design, develop,
manufacture, market and license XM satellite radio technology radios.
In addition to the claimed excellent sound and reception quality, the satellite
radios will display additional information including the channel name and number,
artist and song title.
The service will be sold much like cable or satellite TV with users buying
the special radio unit and aerial and paying $US9.95 a month to access the satellite
transmissions.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
Vehicle manufacturers including General Motors, American Honda, Freightliner
and Chevy Trucks have agreed to offer XM radios as factory-fitted options and
Sony, Alpine and Pioneer are among the consumer electronics manufacturers gearing
up to make them.
