Television

Worldspace subscription passes the 100,000 mark

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MUMBAI: Radio satellite service provider WorldSpace has announced that it recently passed 100,000 subscribers globally - reinforcing the company's execution against its business plan through the sequential roll out of services in key Indian and other global markets.

The company says that its services have resonated with consumers across the world, including India where the company remains focussed on building content and partner networks to increase visibility and drive consumer demand.

Worldspace chairman and CEO Noah Samara says, "Reaching 100,000 subscribers is an important milestone for WorldSpace and it reflects the effective implementation of our strategic plan, which is to leverage attractive market opportunities for our subscription services. We are very pleased with our progress and we intend to continue aggressive sales and marketing efforts that will enable us to grow our subscriber base."

This year in India Worldspace launched roll-outs in nine cities in India, including Mumbai, New Delhi and Chandigarh. Launching in these cities has enabled the company to access a population of approximately 29 million in its primary target market. As of 30 September, 2005, Worldspace's services were available at approximately 550 retail locations in India.

Worldspace delivers the latest tunes, trends and information from around the world and around the corner. Worldspace subscribers benefit from a combination of local programming, original WorldSpace content and content from global brands like the BBC, CNN, Virgin Radio UK, NDTV and RFI.

WorldSpace's satellites cover two-thirds of the globe with six beams. Each beam is capable of delivering up to 80 channels of high quality digital audio and multimedia programming directly to Worldspace Satellite Radios anytime and virtually anywhere in its coverage area.

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