WorldSpace India discontinued operations in 2009 was part of the restructuring efforts of Maryland, USA-based parent company, which filed for bankruptcy in October 2008. As of June 30, 2008, WorldSpace Inc (later 1 WorldSpace) listed debt of U.S. $ 2.1 billion and assets of US $ 307.4 million bankruptcy and sought to help raise new funds to pay off their debts. Two parents regional satellites, AfriStar and AsiaStar, and related assets of land were acquired by U.S. company Liberty Media, which also owns 40 percent of the satellite radio service provider radio Sirius XM. Termination WorldSpace raised a number of issues relating to early motor deficiencies, business ideas and pricing strategies. Analysts extended argument parallels with similar Iridium to question policy decisions related to the service mix of hardware, services and prices, complementors power, the power of substitutes, and general willingness to pay an additional choice. "Hide
by Srinivasan Sunderasan Source: Richard Ivey School of Business Foundation 16 pages. Publication Date: November 14, 2011. Prod. #: W11518-PDF-ENG
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