Friday, November 10, 2006

WorldSpace Q3 Earnings

WORLDSPACE(R) Announces Third Quarter 2006 Results
Thursday November 9, 4:01 pm ET

Subscriber Base Increased 136% Over Third Quarter 2005 to 176,831. Subscription Revenues Increased 89% Over Same Period to $1.8 Million. Hiring of UBS Investment Bank to Evaluate Strategic Partnership Alternatives Announced
SILVER SPRING, Md., Nov. 9 /PRNewswire-FirstCall/ -- WORLDSPACE® Satellite Radio (Nasdaq: WRSP - News), one of the world leaders in satellite-based digital radio services, today announced results for the third quarter of 2006 ended September 30, 2006. The Company added 16,866 net subscribers during the third quarter of 2006, ending the quarter with 176,831 subscribers, 136% higher than third quarter 2005. In India, the Company added 18,568 net subscribers during the third quarter of 2006, ending the quarter with 138,065 subscribers, 287% higher than third quarter 2005...read more: here