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WORLDSPACE®, Inc. Reaches Agreement to Defer Debt Payment

WORLDSPACE® Satellite Radio (NASDAQ:WRSP), one of the world leaders in satellite-based digital radio services, announced today that it has agreed with each of the four holders of the Company’s amended and restated secured notes (the “Bridge Loan Notes”) and second amended and restated convertible notes (the “Convertible Notes”) to defer until July 9, 2008 the [...]

WORLDSPACE® Receives Approval for Satellite Radio Service in Germany

Company Adds German License to Existing Italian and Swiss Licenses; Additional Countries Expected Before Year-End
WORLDSPACE® Satellite Radio (NASDAQ:WRSP) one of the world leaders in satellite based digital radio service, today announced its wholly owned subsidiary, WORLDSPACE Europe, received approval from Germany’s Federal Network Agency, the Bundesnetzagentur, to use 12.5 MHz of spectrum in the [...]

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