"Obviously, our core base is people who listen to radio in the home and car and now in the mobile market, and I think that as other distribution points present themselves, whether it be cell phones or other mobile devices, we obviously can have a place in that," Panero said…
Panero said that XM has had discussions with various service providers and hardware manufacturers, and that those companies "have a need to efficiently provide content that will help motivate people to buy their hardware and we’re a natural place to go as we have become a more important player in content."
XM has already debuted a wearable portable music device, the Delphi XM MyFi, so that people can hear satellite radio when they’re away from the home or the car. A cell phone could be a logical extension of that. Panero also said he thinks portable satellite radio players will eventually be combined with a digital music player.
"Clearly, convergence will occur at some point," he said. "It will happen even without our effort because people are beginning to build MP3 capability into a lot of consumer electronic devices."