SiriusXM is considering shutting down one of the two satellite radio infrastructures that created the combined company, according to the website TheDesk.net.
It quotes remarks by SiriusXM Pandora Chief Executive Officer Jennifer Witz at an investor conference this week.
She said the company is rolling out its new satellite technology and considering plans to shut off one of its older satellite radio platforms.
The website notes that the company is focused on rolling out its 360L system in cars and that once it reaches a certain critical mass, the company will be better positioned to streamline.
It said Witz didn’t specify which of the two platforms SiriusXM was considering for shutdown, but it lays out reasons that the Sirius platform is the one that eventually would be more likely to be shut down.
