WorldSpace Satellite Radio Reports Fourth Quarter & 2007 Results
WORLDSPACE Satellite Radio, announced results for the fourth quarter and year ended December 31, 2007. The Company ended the quarter with 174,166 subscribers worldwide, a loss of 3,478 from the close of the prior quarter, reflecting the cessation of current marketing efforts in Europe ahead of the company’s efforts to commence mobile service there beginning with Italy in 2009. In India, the Company lost 1,827 net subscribers during the fourth quarter of 2007, reflecting continued reduced marketing in that region while the Company awaits regulatory approval for its mobile system, ending the period with 163,075 subscribers in India, compared to 162,010 at the end of the fourth quarter of 2006.
Noah Samara stated, "We continue to make progress in Italy towards the first European launch of mobile satellite radio service contemplated for the end of this year or early next year. We appreciate the support of our partners who are working closely with us to make this launch successful. We believe the Italian market, and indeed the broader European market, represents a remarkable business opportunity for a robust mobile service. We remain confident that WorldSpace, along with our partners -- Class Editori, Fiat, Telecom Italia, Delphi, Fraunhofer ISS and others -- can effectively implement our strategy, once we secure the financial resources required to support it.
Samara added, Our goals for 2008 include securing licenses and approvals in at least four additional major European countries as well as India. We are working on the development of a satellite/terrestrial hybrid service for India and the Middle East, with the Indian service still remaining subject to securing the necessary government approvals for the terrestrial component. Through this hybrid DARS service offering, we expect to broaden services to automobiles while improving the reliability of our service in urban areas. And we continue to evolve our plans for a hybrid DARS service in the Middle East. We also expect to introduce new receivers targeted at stratified market segments, all subject to securing additional long-term capital to fund these plans.
הגדל/ הקטן טקטס | 
פרסמה את הדו"ח השנתי לשנת 2007 וגם את התוצאות של הרבע האחרון לאותה שנה . בסוף 2007 עמד מספר המנויים לחבילה על 174,166 בכל העולם , ירידה של 3,478 בהשוואה לרבע הקודם שמבטא בעיקר את הפסקת הפעילות באירופה לקראת השקת שירות מחודש במדינות ספציפיות באירופה המתוכננת במהלך השנה הבאה. בהודו אבדה החברה 1,827 מנויים ברבע האחרון בעוד החברה מחכה להקלות רגולאטוריות שיאשפרו לה להרחיב את פעילותה בתת היבשת ( ראו ידיעה נוספת מהיום) ובסך הכל הגיע מספר המנויים בהודו ב 31 בדצמבר ל 163,075 נטו בהשוואה ל 162,010 בסוף שנת 2006.
