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WorldSpace Revenues, Subscribers, Losses Each Mount
WorldSpace Satellite Radio lost $128.6 million in 2006 on revenues of $15.6 million, compared to losses of $79.9 million on revenues of $11.7 million in 2005, the company announced March 26.
WorldSpace added more than 22,000 subscribers in the 2007 fourth quarter, bringing its total subscriber base to nearly 200,000 – a 73 percent increase over the end of 2006. More than 162,000 of those subscribers are in India, where WorldSpace added nearly 24,000 subscribes in the final three months of 2007.
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