WorldSpace Growing Repeater Towers in Europe
Friday, June 30, 2006 at 8:48 AM
Tags:
WorldSpace (you know, that other satellite radio provider) has inked a deal with Sodielec to develop terrestrial repeater prototypes across Western Europe, starting in Italy.
Valued at 800,000 Euros the contract includes prototype design and development as well as guaranteed pricing for subsequent large-scale production of at least one model.
The Sodielec prototypes in Q4 2006 with production and deployment slated for 2007.
Digg It!
Featured Entries
From the Forums...
Search Orbitcast:
Latest Poll
Satellite Radio Websites
Sponsored Links
Comments
I predict...
That one of the 2 US sats will buy/merge with Worldspace eventually. Could be years, but it's a new industry and they're already talking about buying each other.
...And investors might like it.
Posted by: MikeHunt ? | June 30, 2006 9:46 AM
Yeah, and considering that WorldSpace is trading at around 3 after going IPO for $21 less than a year ago.... I definitely smell a buyout eventually. Just not anytime soon. Sirius and XM have their own debt to contend with.
Posted by: Ryan Saghir ? | June 30, 2006 10:18 AM
I believe XM already owns a substantial amount of WorldSpace stock with an option to buy more.
Adding the XM/WorldSpace technology-sharing agreement and the fact that WorldSpace was one of XM's founding shareholders, it seems like the basis for a more intimate relationship already exists.
Posted by: Andy | June 30, 2006 10:44 AM
I should add that there's content-sharing in place, too: for example, XM's U-POP channel is programmed by WorldSpace.
Posted by: Andy ? | June 30, 2006 11:59 AM
SO, (wrsp) having suspected investment ties to Terror Suspects involved with 911 is a good investment? xm has 25 million invested in wrsp. Half of that in warrents.
Posted by: NDKFTDIX ? | June 30, 2006 3:26 PM