WorldSpace Is Rocking In India; 114% Growth In Subscriber Base In Q3

News Release: WorldSpace, a satellite-based digital radio services companyt, is doing very well in India. Globally, WorldSpace finished the quarter with 75,071 subscribers, adding 11,141 subscribers in the third quarter this year – which is an increase of 78 percent over the 6,253 subscribers added in third quarter of 2004. But in India, the company has lapped up 35,670 subscribers at the end of the third quarter, of which 7,737 were added between July and September, an increase of 114 per cent over the 3,616 added in the third quarter of 2004. In addition, WorldSpace added over 12,000 subscribers in India in October 2005 as part of its holiday marketing campaign.
At the end of the third quarter, WorldSpace distributed its satellite radio services to six cities in India, consisting of Mumbai, Delhi, Bangalore, Chennai, Hyderabad and Kochi. In addition, services in Pune and Ahmedabad were launched in October. WorldSpace’s market distribution is now available to a population of more than 50 million, including nearly 29 million households in the segment of the population that WorldSpace is targeting.