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Satellite

The enormous entry costs of space-based satellite transmitters and restrictions on available radio spectrum licenses has restricted growth of Satellite radio broadcasts. In the US and Canada, just two services, XM Satellite Radio and Sirius Satellite Radio exist. Both XM and Sirius are owned by Sirius XM Satellite Radio, which was formed by the merger of XM and Sirius on July 29, 2008, whereas in Canada, XM Radio Canada and Sirius Canada remained separate companies until 2010. Worldspace in Africa and Asia, and MobaHO! in Japan and the ROK were two unsuccessful satellite radio operators which have gone out of business.