SIRI Intraday Thread: Wednesday April 15

[john]

Sirius XM Making A play For Worldspace India
Wednesday, April 15, 2009 at 4:19AM Brandon Matthews
In what looks to be the beginning of a long term project, Televisionpoint.com, India's number one trade website in the domain of television, media, marketing and advertising is reporting that Sirius XM has expressed an interest in making a play for WorldSpace's operation in India.

Already, US-based Sirius XM Radio, the largest satellite radio player internationally, has evinced keen interest in making a foray into Indian satellite radio market. Sirius that has operations in North America, Canada and Alaska had acquired XM in July 2008.

The satellite radio networks will allow subscribers access to programmes relayed worldwide via fixed, portable or vehicular radio sets. Opening up satellite radio to new domestic and foreign players will widen choice of programmes already the subscribers have through AM & FM radio broadcast of All India Radio (AIR).
India's I & B Ministry granted WorldSpace India 3 years rather than the 5 years it had sought to implement licensing changes.

If SIRIXM buys World Space I would sell every one of my shares the day that is confirmed. Yea thats all they need is a failed business model that was proven to be a failure. Inda may have alot of people but not many can afford it and the ones that can are only paying 4 bucks for it. Hence the reason SIRI/XMSR of Canada already have more then 3 times the subscribers then World Space had in half the time.



P.S. The only thing that World Space holds that is of any real value is the recently inked agreement with the EU to provide satellite service to most of Europe to include setting up repeater towers. the problem with that is there is no guarantee (and most likely not) that the EU would let that agreement (which took years to get through) stand with another company in control.

[trippingthespeculatingpos]

yeah john i would have to agree, man siri is showing some real strength going into the close
.3785 atm

[relmor2003]

If SIRIXM buys World Space I would sell every one of my shares the day that is confirmed. Yea thats all they need is a failed business model that was proven to be a failure. Inda may have alot of people but not many can afford it and the ones that can are only paying 4 bucks for it. Hence the reason SIRI/XMSR of Canada already have more then 3 times the subscribers then World Space had in half the time.



P.S. The only thing that World Space holds that is of any real value is the recently inked agreement with the EU to provide satellite service to most of Europe to include setting up repeater towers. the problem with that is there is no guarantee (and most likely not) that the EU would let that agreement (which took years to get through) stand with another company in control.

What if its a Malone type deal, but this time, SiriusXM is Malone? They become only part owners, until they can use the cash they get, to fix their problems(of which I have no clue what they are...) John, it could be a cheap, steal of a deal though.... Maybe they just didnt have the right management in place... Where Malone and Mel might be the experience they need to make it work.

[Daniel]

Looks like we are going to break 0.38, gets us out of the .32 -.35 range.
Do you think it is because of the S&P upgrade ? I am also wondering what will happen if we get clearity with the automaker, this looks like a very dark cloud to me.

[relmor2003]

Not bad, not good. Catch that million shares ISEG threw up at the last second. And still couldnt get enough shares below .38 to fill the last two big orders. Good sign for tomorrow. Didnt see much end of day profit taking. Benefits of this tight range for so long can now be seen in the coming days. Most people who own shares in this range now are looking for over .40 cents, not under. Could see more large buying tomorrow. I was looking for a minimum close today over .38. Right there. Hopefully, worst case scenario they will try to trade the .36 to .40 cent range now. Best case, were in the .30s for only a few more days, if not sooner. Really not a lot of huge sell orders I could see down the line. Any big money comes in right now, were over .40.

[bababoooie]

Quote:
Originally Posted by john
If SIRIXM buys World Space I would sell every one of my shares the day that is confirmed. Yea thats all they need is a failed business model that was proven to be a failure. Inda may have alot of people but not many can afford it and the ones that can are only paying 4 bucks for it. Hence the reason SIRI/XMSR of Canada already have more then 3 times the subscribers then World Space had in half the time.



P.S. The only thing that World Space holds that is of any real value is the recently inked agreement with the EU to provide satellite service to most of Europe to include setting up repeater towers. the problem with that is there is no guarantee (and most likely not) that the EU would let that agreement (which took years to get through) stand with another company in control.

What if its a Malone type deal, but this time, SiriusXM is Malone? They become only part owners, until they can use the cash they get, to fix their problems(of which I have no clue what they are...) John, it could be a cheap, steal of a deal though.... Maybe they just didnt have the right management in place... Where Malone and Mel might be the experience they need to make it work.

Reorientation of the Satellite orbit to synch with the US/Canada Market would not be that far fetched. Getting the Transmission frequency to adhere to licencing Should be doable as well! If they could use these assets, and not launch another Satellite in 2011, I see significant savings. I Believe the 2Q June launch is already on the PAD!

[john]

What if its a Malone type deal, but this time, SiriusXM is Malone? They become only part owners, until they can use the cash they get, to fix their problems(of which I have no clue what they are...) John, it could be a cheap, steal of a deal though.... Maybe they just didnt have the right management in place... Where Malone and Mel might be the experience they need to make it work.

relmar, If I found out Malone had anything to do with that kind of a deal I would sell all my shares in DTV also.


Listen there are easyer and cheaper ways to get into the rest of the world. They could go the way they used to get into Canada. While they would have to put up new satellites, who cares the ones World Space has are at the end of their orbital life spans anyways. There are many other things, That I have already gone over long ago, noone bothered to read then and they wont bother to read now so there is no sense in getting into it.

[john]

Looks like we are going to break 0.38, gets us out of the .32 -.35 range.
Do you think it is because of the S&P upgrade ? I am also wondering what will happen if we get clearity with the automaker, this looks like a very dark cloud to me.

Danny, I still think .5 by just before the next quarter CC/10-Q. Now depending on how much cash came in because of people locking in there old rates and/or how much their ARPU went up because of the rate increase on internet/family plans, you could see another big PPS jump after. I do think one of the two will happen we did not see a big churn rate increase and if that still holds then it is a sure thing that one of the two happens. That should be a huge catalist for the PPS.

[relmor2003]

relmar, If I found out Malone had anything to do with that kind of a deal I would sell all my shares in DTV also.


Listen there are easyer and cheaper ways to get into the rest of the world. They could go the way they used to get into Canada. While they would have to put up new satellites, who cares the ones World Space has are at the end of their orbital life spans anyways. There are many other things, That I have already gone over long ago, noone bothered to read then and they wont bother to read now so there is no sense in getting into it.

Maybe they just want to bypass red tape, and are in essance John really only purchasing the repeaters on the ground, the deals in place with the EU and India, and the bandwidth. SIriusXM might be their only willing buyer, hence they get a smoking deal. Forget their sats, their useless as you say. I just need Homer to confirm this, and we can move on.....

[john]

Maybe they just want to bypass red tape, and are in essance John really only purchasing the repeaters on the ground, the deals in place with the EU and India, and the bandwidth. SIriusXM might be their only willing buyer, hence they get a smoking deal. Forget their sats, their useless as you say. I just need Homer to confirm this, and we can move on.....

relmar first of all, your a bastard, LOL. Second he has already confirmed most of what I just said in another thread inwhich I was telling "asm610" the samething, he also didn't believe me until homer said basically the samething (in a more wordy way). Next as I said before the EU is most likely not going to let that old deal stand with the new owners, also most of the repeater network is not even up yet in the EU, it was just approved. As to the bandwidth it would most likely be as HARD/easy to get SIRIXMs spectrum approved to operate in those areas as it would to get them to approve of the takeover of the WS bandwidth. Finally your a bastard, LOL.