All Entries in the "Worldspace" Category
Worldspace India to shut shop on 31 December
MUMBAI: On December 31, 2009, the WorldSpace satellite radio broadcast service will be terminated for all customers serviced from India, according to an announcement posted on the company website. This action is an outgrowth of the financial difficulties facing WorldSpace India’s parent company, WorldSpace, Inc., which has been under bankruptcy protection since October 2008, the announcement says.
The WorldSpace satellite radio broadcast service will be terminated for all customers serviced from India on December 31, 2009
On December 31, 2009, the WorldSpace satellite radio broadcast service will be terminated for all customers serviced from India. This action is an outgrowth of the financial difficulties facing WorldSpace India’s parent company, WorldSpace, Inc., which has been under bankruptcy protection since October 2008. The potential buyer of much of WorldSpace’s global assets has decided not to buy the WorldSpace assets relating to and supporting WorldSpace’s subscription business in India. As a consequence, WorldSpace, Inc. must discontinue its subscriber business in India.
WorldSpace may go mute in India
Chennai, Dec. 17: Signals indicate that the troubled digital satellite radio broadcasting company WorldSpace Inc may fold up its India operations too. Though the company’s Asia operations head, Mr M. Sebastian, is not available for comment, sources close to the development say he has already put in his papers, and employees are believed to be in rounds of internal discussions to figure the way out of the quagmire.
Airtel boosts WorldSpace subscriber base
Source: The Hindu Business Line
Chennai, Nov. 26 Thanks to DTH provider Bharti Airtel, satellite radio broadcaster WorldSpace’s subscriber base has tripled in the last few months to around 4.5 lakh.
AirTel Digital TV — the direct-to-home service arm of Bharti Airtel — offers WorldSpace channels to its subscribers. “When other DTH service providers chose to offer [...]
Govt plans to raise FDI limit in radio, DTH sector
Source: Televisionpoint.com
The government plans to raise Foreign Direct Investment (FDI) limit in FM radio broadcasters and direct-to-home (DTH) service providers, despite reservations expressed by several departments, including the Planning Commission of India.
“The regulatory issues connected with raising FDI levels will also be taken into account while making any changes. A convergence of the telecommunications and [...]
Govt prepares satellite radio guidelines
Source: Indiantelevision.com
NEW DELHI: India will soon have a satellite radio policy. The Information and Broadcasting Ministry has framed the draft satellite radio policy guidelines based on the Trai recommendations, Minister of State for I&B CM Jatua told Parliament today.
Companies wanting to provide satellite radio service in India and setting up network and infrastructure will be [...]
WorldSpace India has to wait longer for audio streaming on Web site
Source: The Hindu Business Line
New Delhi, June 9 Thanks to a quirky policy, WorldSpace India will have to wait until the notification of Government policy pertaining to satellite radio services, to offer streaming of audio music programmes on its Web site. WorldSpace needs the permission because the Web-based service proposed by it is seen as [...]
