WorldSpace, Inc. (NASDAQOTH:WRSPQ.PK)
CAPS Rating:
The Company provides high quality radio programming, including a wide variety of music, news and entertainment channels and also broadcast unique WorldSpace-developed programming.
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Satellite radio is a no-go technology. Many free regular radio and internet radio stations to compete.
This company is fighting for airtime in China and India- selling a service to people who dont need it, expecting them to buy it with excess capital they dont have. The cheap labor doesnt get you discount satellites either...
thumbs down.