Companies in successful and growing sectors go bankrupt all the time. Your underlying assumption is incorrect. It's all about how a company manages itself, and wrspq was a mess. The premise was faulty from the get go. They spent huge investment in building an infrastructure to serve a region where they couldn't get enough subscribers to carry the load. You can argue that it's an untapped market and all that...sure....it is. But, at the time, not so much, and they ran out of time and money. The failure of this company is not based on the technology at all. That's solid, as proven by Sirius XM. But SIRI biz model is very different from the one wrspq had, obviously by the number of subscribers and recent financial performance. WRSPQ was doomed from the start: it over invested, over spent, under marketed, and ran out of gas....and Samara ran away with two orbiting sats.
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