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WorldSpace Satellite Digital Radio Service Case Solution & Answer

End of WorldSpace India operations in 2009 was part of efforts to restructure the parent company in the United States Maryland, which filed for bankruptcy in October 2008. At June 30, 2008, WorldSpace Inc. (later WorldSpace 1) in the list of debt of 2.1 billion and assets of $ 307.4 million and requested bankruptcy protection to help raise fresh funds to pay its debts. Two regional satellites of the parent company, and AfriStar AsiaStar and related land resources had been acquired by the U.S. company Liberty Media, which also owned 40 percent of the satellite radio provider Sirius XM Radio. Termination WorldSpace has raised a number of questions relating to the first suit disadvantages, business ideas and pricing strategy. Analysts also extended the arguments to be compared with the likes of Iridium difficult strategic decisions on the concrete service team, service and prices, the power of complementary companies, power of substitution and generally are “consumers to pay for the incremental choice.
by
Srinivasan Sunderasan
Source: Ivey Publishing
16 pages.
Date Posted: November 14, 2011. Prod #: W11518-PDF-ENG
WorldSpace satellite solution if digital radio service

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