WORLDSPACE® GOES LIVE IN CHANDIGARH
Company Completes Ninth of 10 Planned 2005 Major Indian Metro Launches
SILVER
SPRING, Md., Dec. 5, 2005-- WorldSpace
Satellite Radio, (Nasdaq: WRSP), one of the world leaders in
satellite-based digital radio services, today announced the launch of subscription service in Chandigarh, the capital of India’s Punjab state. Chandigarh has a rapidly growing, highly literate urban population, which makes it an ideal target for WorldSpace expansion. Chandigarh boasts a population of just under one million according to the 2001 census.
Chandigarh is strategic to WorldSpace’s long-term business plans and represents the ninth of 10 major India metro launches planned by the company in 2005. To ensure that the service is readily accessible to subscribers, WorldSpace receivers are available in 39 retail outlets across Chandigarh, with an estimated 45 outlets offering devices by year end.
"Making the WorldSpace experience accessible across India is a primary business objective," said Noah Samara, chairman and CEO, WorldSpace. "We are excited that, with the Chandigarh launch, the WorldSpace experience is now available in nearly every corner of India and is delivering an unmatched variety of local, national and global content to subscribers across the country."
What clearly distinguishes WorldSpace Satellite Radio from any other offerings in India is its wide variety of audio content. With more than 40 radio stations that span a range of musical genres, news, sports and information, WorldSpace offers unsurpassed choice and digital-sound quality to subscribers.
About WorldSpace, Inc.
WorldSpace (Nasdaq: WRSP)
is the world's only global media and entertainment
company positioned to offer a satellite radio
experience to consumers in more than 130 countries
with five billion people, driving 300 million
cars. WorldSpace delivers the latest tunes,
trends and information from around the world
and around the corner. WorldSpace subscribers
benefit from a unique combination of local
programming, original WorldSpace content and
content from leading brands around the globe
including the BBC, CNN, Virgin Radio, 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. WorldSpace
is a pioneer of satellite-based digital radio
services (DARS) and was instrumental in the
development of the technology infrastructure
used today by XM Satellite Radio.
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