Ever since Liberty Media -- which bought 40% of Sirius XM in 2009 and bought up debt of international satellite radio operator WorldSpace, speculation has run rampant that perhaps Sirius and
WorldSpace could work to bring Sirius XM's programming abroad.
"The business is seriously unprofitable at this point it," David Trainer, president of Nashville-based research firm New
Constructs said. Such an undertaking would require lots of additional capital and Trainer already gives the stock a "dangerous" rating, but Matthew Harrigan of Wunderlich Securities, thinks the
satcaster could have the monies to go global in the next few years.
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