Worldspace Satellite Radio posted higher revenues in its 2006 second quarter, but the company’s subscriber additions plummeted in comparison to the first three months of the year, the company announced Aug. 9.

Worldspace added a little more than 6,500 subscribers in the 2006 second quarter, which closed June 30, bringing its total subscriber base to nearly 160,000. In the first three months of 2006, the satellite radio provider added more than 38,000 subscribers to bring its total number of subscribers to more than 153,000 at the end of March.

In India, where Worldspace has been concentrating its businesses expansion efforts for more than a year, the company added nearly 7,800 subscribers in the second quarter, compared to additions of more than 74,500 subscribers in the first quarter. Worldspace ended June with nearly 119,500 subscribers in India.

“Gross subscriber adds in our primary target market of India were negatively affected by delays in the launching of a new marketing campaign centered around our new brand ambassador until July, delays in opening more experiential locations, changes in sale channel incentives and ineffective communication of pricing plan changes,” said Noah Samara, Worldspace’s chairman and CEO, in a statement. “These issues negatively affecting the second quarter subscriber counts have been identified and are being addressed.”

Worldspace lost $36.7 million in the 2006 second quarter on revenues of $3.8 million. In the same period in 2005, the company lost $22 million on revenues of $22 million. Subscriber acquisition costs held steady at $41 when compared to the 2006 first quarter, while cost per gross addition fell from $135 in the first three months of 2006 to $131 in the second quarter.

The results pushed Worldspace’s stock to a 52-week low of $2.26 at the close of the market Aug. 10.