XM SATELLITE DELAYS LAUNCH OF RADIO SERVICE

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CHICAGO (AdAge.com) -- XM Satellite Radio Holdings delayed its consumer launch indefinitely in response to Tuesday's World Trade Center attack.

The satellite radio company, which was scheduled to launch its subscription-based, digital-quality satellite radio service today in San Diego and Dallas, is discussing strategies for a future launch.

All staff at XM, which is headquartered in Washington, D.C., and has an office in New York, are safe, according to a spokeswoman.

In a statement Tuesday, XM President-CEO Hugh Panero said launch events in Dallas, San Diego and Washington would also be postponed, adding that "the thoughts and prayers of all XM employees go out to those affected by these horrible events."

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