WorldSpace Inc fka WRSPQ

[NY73]

more to digest...note who has interest in NTL, which is one of Schmitz turnaround successes.....

Now the leader in the UK cable field, NTL is out of the bankrupt holding cell where it once dwelled. The one-time subsidiary of NTL Europe (formerly known as NTL, Inc., confusingly) emerged with new management and a new structure. With more than 3 million cable subscribers, NTL has become the UK's #1 cable TV operator, having acquired the residential cable business of Cable & Wireless Communications, among other assets. Besides cable TV, NTL also provides telephone, data, and Internet services to residential and corporate customers. John Malone's Liberty Media International owns about 8% of the company. In a long expected move, NTL has announced plans to be acquired by Telewest in a deal worth about $6 billion