Question-and-Answer Session
Operator
(Operator instructions) Your first question comes from the line of Jennifer Fritzsche with Wachovia.
Jennifer Fritzsche – Wachovia
I was wondering if you comment anything on SpaceWay 4? Originally you had talked about being in negotiations with vendors and possibly making an announcement before the end of ’08. I was just wondering the timing there, your thoughts there, et cetera.
Also, just in terms of the question in the lottery shipment, did you ship the remaining lottery-related hardware in the quarter or is there more to be shipped in the first quarter? And if so, could you just comment or quantify the number of units there? Thanks very much.
Deepak Dutt
Yes. Let me answer the second question first. I think we have shipped almost all of the units in Q4 of last year, so the revenues we will get from Camelot for the next nine or ten years are the service revenues that we will be recognizing as we provide the service on a monthly basis.
On your first question of SpaceWay 4, we were working very hard on trying to get the satellite out of place that you mentioned by the end of last year, but have decided to move a little more prudently because obviously of the economy going down. But having said that, I think it’s very clear based on the take rate that we are seeking on SpaceWay that our consumer business is still moving forward very, very nicely.
And as I mentioned in my remarks, we have now crossed the 100,000 subscriber a month on SpaceWay 3, so it’s clear we need to make the investment in one form or the other for a new satellite and I am hopeful that we’re investigating a couple of different scenarios that in the next couple of months we will go ahead and spend some money in ordering a new satellite.
Jennifer Fritzsche – Wachovia
Pradman, if I could just follow up, are you seeing the vendors you’re talking with being more in negotiating mode given the economy like I guess put another can waiting here help you from a cost standpoint?
Pradman Kaul
Possibly, but that’s really not been the reason for the delay, but obviously we have vendors who are very keen to build a satellite for us and it’s just that we wanted to make sure that: one, the economy didn’t affect the take rate on SpaceWay 3 today.
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