BNET Industries

Market Cap:$214.0K
Last Fiscal Year Sales:$13.7M
  • Public
  • US
Dow Jones Description

We were the first company to establish an operational satellite-based digital radio system, commonly known as Digital Audio Radio Service (DARS) and today are the only licensed DARS provider outside of North America, South Korea and Japan. Through the end of December 2007, we have spent approximately $1.7 billion in connection with the development and launch of our business. With the signing of a major distribution arrangement with Fiat Group Automobiles S.p.A. (Fiat), we are close to launching in Italy our first mobile service; we expect to launch this mobile service in early 2009. In 2009, in addition to Italy, we are planning to launch a mobile service first in Bahrain and then in the United Arab Emirates (UAE) and potentially in Switzerland; in each of these jurisdictions we now have the regulatory authorizations to establish a mobile service. We have delayed previously scheduled launches in the Middle East in order to take advantage of the enhancements to our planned mobile system provided by our European standard technical development activities undertaken for Italy and other countries in the European Union. These enhancements include, among other things, a new generation of satellite receivers, which will receive broadcasts from our networks of terrestrial repeaters as well as from our satellites. ...

Chief Executive Officer
Noah A. Samara
Number of Employees 500
Contact Information

8515 Georgia Ave

Silver Spring, Maryland 20910

www.1worldspace...

(301) 960-1200

NAICS Code Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing: 334220

Recent Events

  • Newegg takes the lead in making its web site accessible to blind people

    8/06/09 - Licensing / Contract - View Story

News & Analysis

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Decision Makers

Name (plus bio) Position
Noah A. Samara Chief Executive Officer
Alexander P. Brown Co-Chief Operating Officer
Andenet Ras-Work Chief Operating Officer
Andy Ras Chief Operating Officer
Andy Ras-Work Chief Operating Officer
Gregory B. Armstrong Co-Chief Operating Officer
Sridhar Ganesan Executive Vice Presidentchief Financial Officer
Stephen C. Horn Cmo
Stuart Fishkin CFO & Controller
Vincent Loiacono Chief Accounting Officer & Senior Vice President
Donald J. Frickel Executive Vice President
Judith Pryor Senior Vice President, Corp Affairs
Wilson Baker Senior Vice President
Ted Kelly Vice President, Content Marketing
Hamza Farooqui Managing Director
James R. Laramie Plant Manager
Beno I t Ch
Brian Gessner Executive Producer
Judy Gruber Announcer
Charle McC Director
Charles McC Director
Kassahun Kebede Director

Board of Directors

Name (plus bio) Position
William Schneider Jr. Board of Directors

Organization Position Status
1WorldSpace Chief Executive Officer Current
1WorldSpace Chairman Current
Geostar Former
1WorldSpace President Current

Organization Position Status
1WorldSpace Co-Chief Operating Officer Current
Washington and Lee University Bachelor of Arts Degree Former

Organization Position Status
1WorldSpace Chief Operating Officer Current
Hewlett-Packard Company Manager Former
Semantix Former

Organization Position Status
1WorldSpace Chief Operating Officer Current
Hewlett-Packard Company Manager Former

Organization Position Status
First Voice International Chief Operating Officer Current
1WorldSpace Chief Operating Officer Current
First Voice International Board of Directors Current
1WorldSpace Executive Vice President Former
Hewlett-Packard Company Manager Former
University of California, Los Angeles B.S. In Electrical Engineering Former

Organization Position Status
1WorldSpace Co-Chief Operating Officer Current
Jupiter Telecommunications Co., Ltd. Chief Operating Officer Former
Jupiter Telecommunications Co., Ltd. Executive Vice President Former
University of California, Berkeley Bachelor of Arts Degree Former

Sridhar Ganesan has served as Executive Vice President Chief Financial Officer of WorldSpace and its predecessors since October 2004. Mr. Ganesan joined the WorldSpace group in September 2001 as Senior Vice President, Corporate Strategy & Development. Prior to joining the WorldSpace group, Mr. Ganesan was the founder and Chief Executive officer of a U.S.-based applications services provider, Skymach Corporation, from 2000 to 2001. Prior to that, Mr. Ganesan worked at Lockheed Martin Global Telecommunication in business development positions. Mr. Ganesan has more than twenty years of experience in business development, implementation of international businesses and projects and marketing and sales in the satellite, telecommunication, Internet, information technology and media areas.

Organization Position Status
1WorldSpace Executive Vice Presidentchief Financial Officer Current
Lockheed Martin Corporation Former

Organization Position Status
WorldSpace, Inc. Cmo Current
Coca-Cola Enterprises Inc. Vice President Current
Pepsi-Cola Current
Indiana University Master's Degree In Marketing Former

Organization Position Status
1WorldSpace CFO & Controller Current

Organization Position Status
1WorldSpace Chief Accounting Officer & Senior Vice President Current

Donald J. Frickel has served as Executive Vice President, General Counsel and Secretary of WorldSpace and its predecessors since January 1999. Mr. Frickel joined the WorldSpace group in March 1996 as Senior Vice President, Legal & Regulatory Affairs. Prior to joining the WorldSpace group, Mr. Frickel served as Associate General Counsel for Mobil Oil Corporation.

Organization Position Status
1WorldSpace Executive Vice President Current
1WorldSpace General Counsel Former
Mobil Oil Corporation Associate General Counsel Former

Organization Position Status
1WorldSpace Senior Vice President, Corp Affairs Current

Organization Position Status
1WorldSpace Senior Vice President Current

Organization Position Status
1WorldSpace Vice President, Content Marketing Current

Organization Position Status
1WorldSpace Managing Director Current

Organization Position Status
1WorldSpace Plant Manager Current
1WorldSpace Director Current
1WorldSpace General Counsel Former
Freeport Technologies Chairman Former

Organization Position Status
1WorldSpace Current
Ecole Polytechnique graduate engineer Former
Ecole Polytechnique graduate engineer Former
Harvard Business School MBA Former

A graduate of West Virginia University's School of Journalism with a focus on Mass Communications, Brian is licensed to sell real estate in DC and joined the Eng Garcia Group to be part of a full service real estate team. He also works as an audio engineer and executive producer for WorldSpace, Inc., an international satellite radio company.

Organization Position Status
1WorldSpace Executive Producer Current
Enggarcia Group Realtor Current

Judy Gruber has been a weekend host on WETA 90.9 FM for over ten years. For three years, viewers regularly heard her as the "voice" of WETA TV 26. Prior to her work at WETA, she was an arts reporter, interviewer and host of a highly popular classical music program on WGMS-FM. In addition to her work at WETA, she is an announcer for Maestro, the classical music radio channel at WorldSpace, a digital satellite broadcasting company that broadcasts classical music around the world. Gruber reviewed classical music for The Washington Post for five years. She has also worked as a program annotator for the Barns at Wolf Trap, the Chicago Symphony Orchestra, the Alexandria Symphony, Washington Performing Arts Society and the National Symphony Orchestra's Young People's Concerts. Currently, she edits biographical information for The John F. Kennedy Center for the Performing Arts' Millennium Stage concerts. Gruber has given pre-concert lectures for the National Symphony Orchestra, the Alexandria Symphony, the National Cathedral, the Choral Arts Society, and George Mason University. She also hosts some of the "Conversations with the Conductor" and "Meet the Composer" series at The John F. Kennedy Center for the Performing Arts. Her articles on music have appeared in Stagebill and Symphony magazine. Born and raised in St. Louis, Missouri, she is a graduate of Webster University, where she studied piano, cello and voice, and obtained her Bachelor's degree in theater arts. An avid scuba diver, Gruber also enjoys tennis, horseback riding, swimming, weight training and reading.

Organization Position Status
1WorldSpace Announcer Current
Classical Weta Current
Washington Educational Telecommunications Association Current
Chicago Symphony Orchestra Former
Washington Performing Arts Society Former

Organization Position Status
1WorldSpace Director Current

Organization Position Status
1WorldSpace Director Current

Kassahun Kebede is founder and managing partner of New York-based hedge fund, PANTON Capital Group. Prior to founding PANTON, Mr. Kebede served in senior positions at Deutsche Bank, including head of European Fixed Income Derivatives as well as head of Global Equity Derivatives. His Wall Street experience also includes Credit Derivatives and Structured Products responsibilities at Merrill Lynch and Bankers Trust respectively. Mr. Kebede has a BSEE from Marquette University and holds an MBA from the Wharton School of the University of Pennsylvania.

Organization Position Status
Capital Group Founder Current
Fistula Hospital Co Chairman Current
Center for Global Development Board of Directors Current
1WorldSpace Director Current
Panton & Co Founder Former
Deutsche Bank AG head of European Former
Wharton Graduate School of the University of Pennsylvania MBA Former
Marquette University Bsee Former

Organization Position Status
1WorldSpace Board of Directors Current
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     WRSPQ $0.01 +0.00 (40.00% )
Average Volume 181,246
Shares Outstanding 42.82M
Market Cap 299.7K
Year High 0.08
Year Low 0.0006
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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