The nation’s two satellite radio services, Sirius and XM, said they plan to emerge — probably the only avenue for these companies to survive, after having accumulated $6 billion in losses.

The big question is whether this will raise antitrust issues. The NYT has a story here.

Listen to the company’s announcement this morning by clicking on the video play button below. They’ve had very impressive subscriber growth rates.

http://video.google.com/googleplayer.swf?docId=2086083982842883267&hl=en