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. SamaraNumber of Employees 500
Contact Information
8515 Georgia Ave
Silver Spring, Maryland 20910
(301) 960-1200
Peer Companies
NAICS Code Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing: 334220
Recent Events
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News & Analysis
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networking and worldspace - All News and Analysis
WorldSpace Begins Sale Process
Tyler Savery submits: If you are invested in the satellite radio sector, it is likely through Sirius XM Radio SIRI rather than WorldSpace WRSP. For sector watchers, the recent happenings at WorldSpace do not bring about confidence, yet at this point there are likely more than a few people...
WorldSpace Files for Bankruptcy
Tyler Savery submits: WorldSpace, Inc. WRSP a satellite radio service operating in countries outside the United states, has announced it, as well as all U.S. subsidiaries (which include WorldSpace Systems Corporation and AfriSpace, Inc.) have filed for reorganization under Chapter 11 bankruptcy codes. The effective date of the filing...
Silver Springs-based WorldSpace Inc. links with Fiat Group
WorldSpace Inc., of Silver Spring, a provider of satellite-based digital radio programming outside the United States, announced a joint marketing agreement with Fiat Group Automobiles, of Turin, Italy. Under the agreement, WorldSpace will begin in late 2008 to broadcast commercial-free music, news, entertainment and sports programming throughout Italy on 40...
FCC authorizes Worldspace subsidiary to launch AfriStar-2 satellite.(TOP NEWS)
AfriStar-2 to provide digital satellite radio services to Europe, Middle East, and Africa Worldspace Satellite Radio, one of the world leaders in satellite-based digital radio services, received authorization from the Federal Communications Commission for its satellite operating subsidiary, AfriSpace, to launch and operate...
HJ Heinz to acquire Nancy's Premium Appetizers and Desserts business: GDVI, BRCM, XMSR, HNZ.
M2 PRESSWIRE-20 July 2005-InvestSource Inc.: HJ Heinz to acquire Nancy's Premium Appetizers and Desserts business: GDVI, BRCM, XMSR, HNZC1994-2005 M2 COMMUNICATIONS LTD RDATE:20072005 Stocks in the News: Global Diversified Industries Incorporated (OTCBB: GDVI), Broadcom Corporation (NASDAQ: BRCM), XM Satellite Radio ...
WorldSpace signs contract with United States Air Force Weather Agency. (Networks/Coverage).(Brief Article)
WorldSpace Corporation, a satellite company, has signed an agreement with the United Sates Air Force Weather Agency to transmit up to the minute weather information using the East Beam of the WorldSpace AfirStar satellite. The WorldSpace multimedia broadcasting system delivers data to end users direct from...
NPR Now Portable in Europe, Africa and the Mideast on WorldSpace
WASHINGTON, July 25 /U.S. Newswire/ -- For the first time, native residents, international travelers, expatriate populations and military personnel stationed abroad can hear NPR programming 24 hours a day via international satellite broadcaster WorldSpace. Listeners with portable, digital WorldSpace radios can access the same popular NPR programs heard throughout the...
The World, From WorldSpace
WorldSpace of Washington, D.C., will air all of British Broadcasting Corp.'s audio programming on its worldwide satellite network, under an agreement announced yesterday. The agreement comes after six months of on-air testing by the BBC on WorldSpace's first satellite, AfriStar, which has been in service since early 1999....
Those Beaming Brits
Execs at the BBC World Service were all smiles yesterday when they heard they will broadcast their shows over the Worldspace AfriStar satellite. After a three-month pilot period broadcasting in English to Africa, Worldspace hopes to expand BBC's reach by beaming it over AfriStar.
WorldSpace Finishes 10-Year Licensing Marathon
Washington-based WorldSpace, the first satellite radio services provider, on Friday cleared the last of many regulatory hurdles, winning an FCC license to operate the company's AfriStar satellite. The FCC in its order said WorldSpace and its affiliate, AfriSpace, would bring new sources of information, entertainment and news to the vastly...
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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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