WorldSpace Satellite Radio (remember them?) has announced their fourth quarter and full-year 2006 results, where subscribers have grown to a whopping 199,000.

In Q4, WorldSpace added 22,274 net subscribers ending the quarter with 199,105 subscribers worldwide, 73% higher YoY. In India, WorldSpace added 23,945 net subscribers during 4Q06, ending the year with 162,010 subscribers in India, 117% higher YoY.

It's not all peaches and cream in India though. WorldSpace continued to experience high churn rates in Q4 in India as 3-month trial packages came up for renewal. About 59% of subscribers that came up for renewal during the year had actually renewed their subscriptions to a higher pre-paid package. Youch. The good news is that WorldSpace has phased out the 3-month package and hoping to reduce churn numbers in favor of longer term prepaid plans.

Interestingly enough - WorldSpace has delayed their earnings call - citing "negotiations for a potential financing transaction" as a reason.

[Press Release]