SiriusXM Canada says it will seek binding arbitration to settle a dispute with Sirius XM Radio Inc. (USA) over US$33.9 million in activation fees.
Sirius XM Canada seeking arbitration in license agreement dispute
The satellite radio companies disagree on the fees owed under the XM license agreement. The U.S. company has demanded the Canadian firm pay the money it says it is owed under the deal from 2005 to the end of January 2016.
I find it kind of ironic that this company that has many complaints from customers over activation fees is complaining about the activation fees charged to it. Sirius XM US wants its methodology to be used for calculating activation fees but SiriusXM Canada said it believes its interpretation of the agreement and calculation of activation fees is correct.
Sirius XM Canada seeking arbitration in license agreement dispute
The satellite radio companies disagree on the fees owed under the XM license agreement. The U.S. company has demanded the Canadian firm pay the money it says it is owed under the deal from 2005 to the end of January 2016.
I find it kind of ironic that this company that has many complaints from customers over activation fees is complaining about the activation fees charged to it. Sirius XM US wants its methodology to be used for calculating activation fees but SiriusXM Canada said it believes its interpretation of the agreement and calculation of activation fees is correct.