TCR_Public/090124.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

            Saturday, January 24, 2009, Vol. 13, No. 23

                            Headlines



CATHOLIC CHURCH: Fairbanks' Monthly Operating Report for November
CIRCUIT CITY: Files Monthly Operating Report for November 2008
GREEKTOWN HOLDINGS: Files Monthly Operating Report for November
TRICOM SA: Debtors' Monthly Operating Report -- November 2008
WORLDSPACE INC: Files Monthly Operating Report for November 2008



                            *********

CATHOLIC CHURCH: Fairbanks' Monthly Operating Report for November
-----------------------------------------------------------------

              Catholic Bishop of Northern Alaska
                Statement of Financial Position
                    As of November 30, 2008

                                             CBNA       Held for
ASSETS                                       Total       Others
                                             -----      --------
Cash and cash equivalents                 $234,198      $102,379
Investments:
  Valuables in safe                            168             -
  Trust account @ market                   752,765             -
  457 Plan assets @ market                       -       116,342
  Endowment Fund @ market                        -    14,391,438
  Endowment Fund - earnings @ market    (2,712,782)            -
  Limited partnerships                     261,324             -
Accounts receivable, net of allowance:
  Tuition, fees and others                 996,261             -
  For parishes and school                   54,825             -
  Other                                      8,733             -
Notes and other receivables                345,608             -
Grants pledged                              62,500             -
Fixed assets, net at cost:
  Land and building                      7,780,155             -
  Aircraft                                 340,726             -
  Equipment                                      -             -
Other assets                               162,979             -
                                        ----------    ----------
  Total Assets                          $8,287,467   $14,610,160

LIABILITIES AND NET ASSETS

Liabilities:
Accounts payable/accrued liabilities      $714,891             -
Notes payable                              216,966             -
D.I.P. Loan                                300,000             -
Benefits payable                            61,316             -
Deferred revenue                         1,058,439             -
Annuities payable                          215,684             -
Other liabilities                           20,000             -
Payroll-related liabilities:
  Payroll taxes                             56,322             -
  General vacation accrual account          16,339             -
  Accrued leave                            251,357             -
Insurance:
  Long term disability                         427             -
  Insurance deposits payables              140,630             -
  Insurance reserves expense                40,562             -
  Indemnity insurance reserves                  78             -
  Medical/Dental payroll deduction         300,498             -
CBNA building loan                               -             -
                                        ----------    ----------
  Total Liabilities                      3,393,515             -
                                        ----------    ----------
Total net assets                         4,893,952    14,610,160
                                        ----------    ----------

  Total Liabilities and Net Assets      $8,287,467   $14,610,160
                                        ==========    ==========

              Catholic Bishop of Northern Alaska
                    Statement of Activities
            For the month ending November 30, 2008

                                             CBNA       Held for
                                             Total       Others
Support and revenue:                         -----      --------
  Parish assessments                       $33,121             -
  Tuition, net of tuition assistance       195,586             -
  Curricular income                          7,428             -
  Donations                                302,361             -
  Investment income                       (345,120)     ($57,119)
  Other income                              17,287         2,550
Temporarily restricted gifts               115,083             -
                                        ----------    ----------
  Total support and revenue                325,748       (54,569)

Expenses:
  Operating expenses                        76,863             -
  Supplies                                  17,563             -
  Repair & Maintenance                      26,831             -
  Utilities                                 58,405             -
  Insurance                                 39,599             -
  Staff Expenses:
     Salaries & Wages                      381,515             -
     Payroll Taxes                          23,980             -
     Employee Benefits                      90,517             -
  Curricular Expenses                       22,717             -
  Recruiting, advertising and PRs                -             -
  Travel Expenses                           37,043             -
  Student related expenses                       -             -
  Contributions                                100             -
  Professional and technical fees            4,992             -
  Investment services                        9,016        $1,208
  Subsidies                                 66,614             -
  Rental/Lease Expense                      29,502             -
  Assessments                                1,252             -
  Fund Raising Expense                       6,295             -
  Radio Programming Expense                  3,378             -
  Radio Technical Dept. Expenses             1,277             -
  Miscellaneous Expense                     13,006             -
                                        ----------    ----------
  Total General                            910,472         1,208

  Funds released from restricted funds           -             -
  Net change in designated funds                 -             -
                                        ----------    ----------
  Total Expenses                           910,472         1,208
                                        ----------    ----------
Increase (decrease) in net assets         (584,723)      (55,777)
                                        ----------    ----------

Re-organization costs                       53,128             -
Increase (decrease) in net assets       ----------    ----------
  after Re-org costs                      (637,852)      (55,777)

Net assets:
  Beginning of month                     5,531,805    14,665,938
                                        ----------    ----------
  End of month                          $4,893,952   $14,610,160
                                        ==========    ==========

              Catholic Bishop of Northern Alaska
                Cash Receipts and Disbursements
            For the month ending November 30, 2008

                                              CBNA      Held for
                                             Total       Others
                                             -----      --------
Beginning balance - February 2008         $485,237       $77,681
Total receipts - prior gen.
  account reports                        9,323,481     1,080,016
Less total disbursements                 9,493,640       965,784
                                        ----------    ----------
Beginning balance - October 31, 2008       315,078       191,913

Receipts during current period:
  Transfers between internal accounts       82,895             -
  Funds received by CBNA from KNOM          53,610             -
  Funds received from Catholic Schools      40,305             -
  Funds received from CBNA - donations      22,690             -
  Funds collected from others              128,264       128,264
  Custodial funds                           23,563        23,563
  Accounts receivable                      159,435             -
  Restricted funds and endowment gifts     115,340             -
  Donations                                299,754             -
  Grants                                     2,000             -
  Interest & dividends                         366             -
  Gains (Losses) security sales                 58             -
  Proceeds fromt the sale of stock           1,021             -
  Payment refund/return                      3,147             -
  Programs                                      68             -
  Weather service income                       300             -
  Co-curricular income                       9,604             -
  Other income/fees                          6,416             -
  Miscellaneous                                578             -
  Loan proceeds                            300,000             -
                                        ----------    ----------
  Total receipts this period             1,249,420       151,828
                                        ----------    ----------
Balance                                  1,564,498       343,742

Less total disbursements:
  Transfers between internal accounts       82,895             -
  Transfers from KNOM to CBNA               53,610             -
  Transfers from Cath. Schools to CBNA      33,579             -
  Transfers from CBNA to Cath. Schools      50,353             -
  Funds disbursed for others               110,274       110,274
  Custodial funds                           55,391        55,391
  Co-curricular expense                     22,130             -
  Curricular expense                         7,289             -
  Programming - News service                 2,850             -
  Mission & program support                    485             -
  Wages & salaries                         346,052             -
  Employee benefits                         38,080             -
  Staff development                          3,593             -
  Furniture, fixtures & equipments             318             -
  Building & grounds                           746             -
  Supplies: maintenance/repairs              1,950             -
  Supplies: office                           9,559             -
  Maintenance/repairs                       13,096             -
  Rent                                       1,678             -
  Fundraising                                6,673             -
  Telephone/Internet                         4,367             -
  Utilities                                 31,516             -
  Dues/Fees                                    524             -
  Refunds                                      715             -
  Travel                                    37,529             -
  Printing and copying                       8,219             -
  Postage                                   39,741             -
  Services & insurance                      70,928             -
  Education expenses                         1,520             -
  Taxes                                     44,426             -
  Bank fees and charges                      2,193             -
  Interest expense                           1,038             -
  Music licence fee                             73             -
  List rental and copy leases               15,094             -
  Restricted                                10,000             -
  Annuities                                  1,068             -
  Professional fees                          6,648             -
  U.S. Trustees fees                        10,400             -
  Miscellaneous                              2,662             -
  Advertising                                2,362             -
  Supplies: food                             4,900             -
  Mass stipends                                675             -
  Subsidies                                 76,427             -
  Supplies: religious                          734             -
  Conference production expenses            15,100             -
                                        ----------    ----------
  Total disbursements this period        1,229,471       165,665
                                        ----------    ----------
Ending balance - November 30, 2008        $335,026      $178,076
                                        ==========    ==========

                   About Diocese of Fairbanks

The Roman Catholic Diocese of Fairbanks in Alaska, aka Catholic
Bishop of Northern Alaska, aka Catholic Diocese of Fairbanks, aka
The Diocese of Fairbanks, aka CBNA -- http://www.cbna.info/--
filed for chapter 11 bankruptcy on March 1, 2008 (Bankr. D. Alaska
Case No. 08-00110).  Susan G. Boswell, Esq., at Quarles & Brady
LLP represents the Debtor in its restructuring efforts.  Michael
R. Mills, Esq., of Dorsey & Whitney LLP serves as the Debtor's
local counsel and Cook, Schuhmann & Groseclose Inc. as its special
counsel.  Judge Donald MacDonald, IV, of the United States
Bankruptcy Court for the District of Alaska presides over
Fairbanks' Chapter 11 case.  The Debtor's schedules show total
assets of $13,316,864 and total liabilities of $1,838,719.

The church's plans to file its bankruptcy plan and disclosure
statement on July 15, 2008.  Its exclusive plan filing period
expires on Jan. 15, 2009.  (Catholic Church Bankruptcy News, Issue
No. 135; Bankruptcy Creditors' Service, Inc.,
http://bankrupt.com/newsstand/or 215/945-7000).


CIRCUIT CITY: Files Monthly Operating Report for November 2008
--------------------------------------------------------------

               Circuit City Stores, Inc., et al.
                         Balance Sheet
                    As of November 30, 2008

ASSETS

CURRENT ASSETS
  Cash and cash equivalents                         $69,340,000
  Short-term investments                                888,000
  Accounts receivable, net                          592,334,000
  Merchandise inventory                           1,329,296,000
  Deferred income taxes, net                         24,311,000
  Income tax receivable                              86,846,000
  Prepaid expenses & other current assets           244,309,000
  Intercompany receivables and
     investments in subsidiaries                    524,285,000
                                                  -------------
TOTAL CURRENT ASSETS                              2,871,609,000

  Property and equipment                          2,280,659,000
  Accumulated depreciation                       (1,693,998,000)
  Net property and equipment                      -------------
                                                    586,661,000

  Other intangible assets, net                          183,000
  Other assets                                      137,667,000
                                                  -------------
TOTAL ASSETS                                     $3,596,120,000
                                                  =============

LIABILITIES AND STOCKHOLDERS' EQUITY

CURRENT LIABILITIES
  Merchandise payable                               $95,132,000
  Expenses payable                                  112,412,000
  Accrued expenses and other
     current liabilities                            214,270,000
  Accrued compensation                               40,702,000
  Intercompany payables                              10,000,000
  Accrued income taxes                                1,968,000
  Short-term debt                                   826,491,000
                                                  -------------
TOTAL CURRENT LIABILITIES                         1,300,975,000

  Accrued straight-line rent                        150,037,000
  Deferred rent credits                             161,936,000
  Deferred income taxes, net                         23,252,000
  Other liabilities                                  35,184,000
                                                  -------------
LIABILITIES NOT SUBJECT TO COMPROMISE             1,671,384,000
LIABILITIES SUBJECT TO COMPROMISE                 1,229,655,000
                                                  -------------
TOTAL LIABILITIES                                 2,901,039,000

STOCKHOLDERS' EQUITY
  Common stock                                      435,662,000
  Additional paid-in capital                        304,382,000
  Retained deficit                                  (74,691,000)
  Accumulated other comprehensive income             29,728,000
                                                  -------------
TOTAL STOCKHOLDERS' EQUITY                          695,081,000
                                                  -------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY       $3,596,120,000
                                                  =============

               Circuit City Stores, Inc., et al.
                       Income Statement
            For the month ending November 30, 2008

Net sales                                          $700,242,000
Cost of sales, buying and warehousing               616,129,000
                                                  -------------
Gross profit                                         84,113,000

Selling, general and admin. expenses                170,820,000
Asset impairment charges                            314,527,000
                                                  -------------
Operating loss                                     (401,234,000)

Interest income                                          20,000
Interest expense                                     18,628,000
                                                  -------------
Loss before reorg. items & income taxes            (419,842,000)
Reorganization items, net                             5,497,000
Income tax benefit                                     (564,000)
                                                  -------------
Net loss                                          ($413,781,000)
                                                  =============

               Circuit City Stores, Inc., et al.
                Cash Receipts and Disbursements
            For the month ending November 30, 2008

Operating Activities:
  Net loss                                        ($413,781,000)

Adjustments to reconcile net loss to
net cash used in operating activities:
  Net gain from reorganization items                 (5,497,000)
  Depreciation expense                                8,828,000
  Amortization expense                                    2,000
  Asset impairment charges                          314,527,000
  Stock-based compensation expense                   (8,949,000)
  Gain on dispositions of property & equipment                -
  Provision for deferred income taxes                 6,836,000
  Other                                                 (24,000)
                                                  -------------
                                                    315,723,000
Changes in operating assets and liabilities:
  Accounts receivable, net                         (297,020,000)
  Merchandise inventory                             265,779,000
  Prepaid inventory                                (116,209,000)
  Prepaid expenses & other current assets            12,601,000
  Other assets                                       (5,215,000)
  Merchandise payable                                27,792,000
  Expenses payable                                   57,090,000
  Accrued expenses, liabilities & income taxes      151,638,000
  Intercompany receivables                           (2,472,000)
  Other long-term liabilities (42,919)              (42,919,000)
                                                  -------------
                                                     51,065,000
                                                  -------------
Net cash used in operating activities               (46,993,000)
before reorganization items

Cash effect of reorg. Items, professional fees         (665,000)
                                                  -------------
Net cash used in operating activities               (47,658,000)
                                                  -------------

Investing Activities:
  Purchases of property and equipment                   (86,000)
                                                  -------------
Net cash used in investing activities                   (86,000)

Financing Activities:
  Proceeds from DIP borrowings                      830,350,000
  Principal payments on DIP borrowings             (734,450,000)
  Principal payments on other
     short-term borrowings                             (198,000)
  Proceeds from long-term debt                          401,000
  Principal payments on long-term debt                 (938,000)
  Change in overdraft balances                          587,000
                                                  -------------
  Net cash provided by financing activities          95,752,000
  before reorganization items

  Cash effect of reorganization items,
     debt issuance costs                            (26,682,000)
                                                  -------------
Net cash provided by financing activities            69,070,000
                                                  -------------
Increase in cash and cash equivalents                21,326,000
Cash and cash equivalents at beginning of period     48,014,000
                                                  -------------
Cash and cash equivalents at end of period          $69,340,000
                                                  =============
                        About Circuit City

Headquartered in Richmond, Virginia, Circuit City Stores Inc.
(NYSE: CC) -- http://www.circuitcity.com/-- is a specialty
retailer of consumer electronics, home office products,
entertainment software and related services.  The company has two
segments -- domestic and international.

Circuit City Stores, Inc. (NYSE: CC) together with 17 affiliates
filed a voluntary petition for reorganization relief under Chapter
11 of the Bankruptcy Code on November 10 (E.D. Virg. Lead Case
No.: 08-35653).  InterTAN Canada, Ltd., which runs Circuit City's
Canadian operations, also sought protection under the Companies'
Creditors Arrangement Act in Canada.

Gregg M. Galardi, Esq., and Ian S. Fredericks, Esq., at Skadden,
Arps, Slate, Meagher & Flom, LLP, are the Debtors' general
restructuring counsel.  Dion W. Hayes, Esq., and Douglas M. Foley,
Esq., at McGuireWoods LLP, are the Debtors' local counsel.  The
Debtors also tapped Kirkland & Ellis LLP as special financing
counsel; Wilmer, Cutler, Pickering, Hale and Dorr, LLP, as special
securities counsel; and FTI Consulting, Inc., and Rotschild Inc.
as financial advisors.  The Debtors' Canadian general
restructuring counsel is Osler, Hoskin & Harcourt LLP.  Kurtzman
Carson Consultants LLC is the Debtors' claims and voting agent.

The Debtors disclosed total assets of $3,400,080,000 and debts of
$2,323,328,000 as of Aug. 31, 2008.

Bankruptcy Creditors' Service, Inc., publishes Circuit City
Bankruptcy News.  The newsletter tracks the chapter 11 proceeding
undertaken by Circuit City Stores Inc. and its various affiliates.
(http://bankrupt.com/newsstand/or 215/945-7000)


GREEKTOWN HOLDINGS: Files Monthly Operating Report for November
---------------------------------------------------------------

                    Greektown Holdings, LLC
                         Balance Sheet
                    As of November 30, 2008

Assets
Cash                                                       $0
Inventory
Accounts receivable
Insider Receivables                                 3,442,586

Property and Equipment
Land and buildings                                          0
  Furniture, fixtures and equipment                          0

Other Assets
Financing Fees                                              0
Notes receivables from affiliates                 420,826,310
Investments in affiliate                          123,928,283
                                                --------------
Total Assets                                      $548,197,179
                                                ==============

Liabilities and Stockholder's Equity
Postpetition liabilities:
Accounts payable                                           $0
Rent and lease payable                                      0
Wages and salaries                                          0
Taxes payable                                               0
Other                                               1,350,000
                                                --------------
Total postpetition liabilities                      1,350,000

Secured liabilities subject to postpetition
collateral or financing order                     106,860,546
All other secured liabilities                      313,965,764
                                                --------------
Total secured liabilities                         420,826,310

Prepetition liabilities:
Taxes and other priority liabilities                        0
Unsecured liabilities                             216,907,557
Discount on bonds                                           0
                                                --------------
Total prepetition liabilities                     216,907,557

Kewadin equity                                     (99,399,607)
Monroe equity                                      (87,697,011)
Owner's capital                                        488,947
Retained earnings prepetition                      116,601,907
Retained earnings postpetition                     (20,880,923)
                                                --------------
Total stockholders' equity                        (90,886,687)
Total liabilities                                 639,083,866
                                                --------------
Total Liabilities & Shareholders' Deficit         $548,197,179
                                                ==============

                    Greektown Holdings, LLC
                        Income Statement
             For the month ended November 30, 2008

Total revenue/sales                                         $0
Cost of sales                                                0
                                                --------------
Gross profit                                                 0

Operating Expenses
Interest expense                                    1,657,292
Accounting fees - credit                                    0
                                                --------------
Total expenses                                      1,657,292

Net operating profit/(loss)
Add: Non-operating income                                    0
   Interest income                                           0
   Other income                                              0

Less: Non-operating expenses                                 0
                                                --------------
Net Income (Loss)                                  ($1,657,292)
                                                ==============

                    Greektown Holdings, LLC
                      Cash Flow Statement
              For the month ended November 30, 2008

Cash - beginning of month                                   $0

Receipts                                                    0
Balance available                                           0
                                                --------------
Less disbursements                                          0
                                                --------------
Cash - end of month                                         $0
                                                ==============

                      Greektown Casino LLC
                         Balance Sheet
                     As of November 30, 2008

Assets
Cash                                              $22,146,072
Inventory                                             421,341
Accounts receivable                                 5,331,601
Insider Receivables                                         0

Property and Equipment
Land and buildings                                481,899,676
Furniture, fixtures and equipment                  81,099,343
Accumulated depreciation                         (134,346,270)
Other                                              23,730,876
Other                                             144,171,594
                                                --------------
Total Assets                                      $624,454,232
                                                ==============

Liabilities and Stockholder's Equity
Postpetition liabilities:
Accounts payable                                  $33,766,468
Rent and lease payable                                      0
Wages and salaries                                  3,572,075
Taxes payable                                         424,739
Other                                                 383,871
                                                --------------
Total postpetition liabilities                     38,147,154

Secured liabilities subject to postpetition
collateral or financing order                     106,860,546
All other secured liabilities                      313,965,764
                                                --------------
Total secured liabilities                         420,826,310

Prepetition liabilities:
Taxes and other priority liabilities                2,584,354
Unsecured liabilities                              35,972,976
Other                                               2,995,156
                                                --------------
Total prepetition liabilities                      41,552,486

Equity                                             47,646,499
Owner's capital                                             0
Retained earnings prepetition                      82,744,007
Retained earnings postpetition                     (6,462,224)
                                                --------------
Total stockholders' equity                        123,928,282
Total liabilities                                 500,525,950
                                                --------------
Total Liabilities & Shareholders' Deficit         $624,454,232
                                                ==============

                      Greektown Casino LLC
                        Income Statement
              For the month ended November 30, 2008

Total revenue/sales                                $23,459,421
Cost of sales                                        2,439,707
                                                --------------
Gross profit                                        21,019,714
Operating Expenses
Officer compensation                                   32,789
Salary expenses, other employees                    4,200,604
Employees benefits & pensions                       1,931,517
Payroll taxes                                         482,777
Other taxes                                           513,396
Rent and lease expense                                  5,072
Interest expense                                    2,218,877
Insurance                                             138,902
Automobile & truck expense                                  0
Utilities                                             206,530
Depreciation                                          573,557
Travel and entertainment                                3,421
Repairs and maintenance                                54,866
Advertising                                           411,538
Supplies, office expense, etc.                         26,370
Gaming taxes                                        6,211,938
G&A expenses                                        2,634,536
F&B expenses                                          608,315
MGCB Fee                                              836,162
Parking/other                                          27,224
Pre-opening expenses                                  181,386
                                                --------------
Total expenses                                     21,299,776

Net operating profit/(loss)                          (280,062)
Add: Non-operating income:
     Interest income                                    13,834
     Other income                                            0

Less: Non-operating expenses                                0
      Professional fees                              1,297,673
      Other                                            200,000
                                                --------------
Net Income/Loss                                    ($1,763,901)
                                                ==============

                      Greektown Casino LLC
                       Cash Flow Statement
              For the month ended November 30, 2008

Cash - beginning of month                           $3,028,274

Receipts                                           50,804,845
Balance available                                  53,833,119
                                                --------------
Less disbursements                                 45,985,918
                                                --------------
Cash - end of month                                 $7,847,200
                                                ==============

Based in Detroit, Michigan, Greektown Holdings, LLC and its
affiliates -- http://www.greektowncasino.com/-- operates world-
class casino gaming facilities located in Detroit's historic
Greektown district featuring more than 75,000 square feet of
casino gaming space with more than 2,400 slot machines, over 70
tables games, a 12,500-square foot salon dedicated to high limit
gaming and the largest live poker room in the metropolitan Detroit
gaming market.

Greektown Casino employs approximately 1,971 employees, and
estimates that it attracts over 15,800 patrons each day, many of
whom make regular visits to its casino complex and related
properties.  In 2007, Greektown Casino achieved a 25.6% market
share of the metropolitan Detroit gaming market.  Greektown Casino
has also been rated as the "Best Casino in Michigan" and "Best
Casino in Detroit" numerous times in annual readers' polls in
Detroit's two largest newspapers.

The company and seven of its affiliates filed for Chapter 11
protection on May 29, 2008 (Bankr. E.D. Mich. Lead Case No.
08-53104).  Daniel J. Weiner, Esq., Michael E. Baum, Esq., and
Ryan D. Heilman, Esq., at Schafer and Weiner PLLC, represent the
Debtors in their restructuring efforts.  Judy B. Calton, Esq., at
Honigman Miller Schwartz and Cohn LLP, represents the Debtors as
their special counsel.  The Debtors chose Conway MacKenzie &
Dunleavy as their financial advisor, and Kurtzman Carson
Consultants LLC as claims, noticing, and balloting agent.

When the Debtor filed for protection from its creditors, it listed
consolidated estimated assets and debts of $100 million to
$500 million.

(Greektown Casino Bankruptcy News; Bankruptcy Creditors' Service,
Inc., http://bankrupt.com/newsstand/or 215/945-7000).


TRICOM SA: Debtors' Monthly Operating Report -- November 2008
-------------------------------------------------------------

                      Tricom S.A., et al.
                  Consolidated Balance Sheet
                          (Unaudited)
                    As of November 30, 2008

ASSETS

Current Assets:
Cash and Cash Equivalents                        $13,793,818
Accounts Receivable                               24,599,658
Inventories, Net                                   2,509,269
Prepaid Expenses                                   6,379,365
Deferred Income Taxes                                133,141
                                                 ------------
Total current assets                              47,415,251

Property and equipment, net                      242,304,881
Pledged Securities                                   143,781
Intangible Assets                                  2,664,641
Other assets                                       4,590,607
                                                 ------------
TOTAL ASSETS                                    $297,119,161
                                                 ============

LIABILITIES & SHAREHOLDERS' EQUITY

Liabilities Subject to Compromise (Prepetition)
Short Term Obligations (Bank Overdraft)              121,070
Accounts Payable
Long Term Debt                                   441,251,172
Other Liabilities                                  1,685,277
Interest Payable                                 277,909,435
Accrued Expenses                                   1,036,510
                                                 ------------
                                                  722,003,463

Liabilities Not Subject To Compromise (Post-Petition)
Short Term Obligations (Bank Overdraft)                    -
Accounts Payable                                  20,368,301
Restructuring Related Items                        4,688,796
Interest Payable                                      82,287
Accrued Expenses                                  10,476,521
Other Liabilities                                    625,571
Deferred Revenues                                  2,082,724
                                                 ------------
                                                   38,324,200
                                                 ------------
Total Current Liabilities                        760,327,663

Reserve For Severance Indemnities                     231,366
Deferred Income Tax                                   133,141
                                                 ------------
Total Liabilities                                 760,692,170

Shareholder'S Equity:
Common Stock-Class A                              24,951,270
Common Stock-Class B                              12,595,095
Additional Invest Of Capital                               -
Additional Paid In Capital                       275,496,988
Legal Reserve                                      2,189,281
Retained Earnings (Losses)                       (25,422,007)
Retained Earning (Loss) Prior Years             (751,359,874)
Equity Adjustment From Foreign
    Currency Translation                           (2,023,762)
                                                 ------------
SHAREHOLDER'S EQUITY, NET                       (463,573,009)

TOTAL LIABILITIES & SHAREHOLDERS' EQUITY        $297,119,161
                                                 ============

                      Tricom S.A., et al.
             Consolidated Statements of Operations
                          (Unaudited)
             For the Month Ended November 30, 2008

Operating Revenues                                $17,113,288
Operating Costs and Administrative Expenses       (17,871,197)
Restructuring Related Items                          (715,000)
                                                 ------------
Operating Income                                   (1,472,909)

Interest Expenses                                    (348,758)
Interest Income                                        15,892
Foreign Currency Exchange                             430,038
Other                                                  69,662
                                                 ------------
  Total Other Income (Expenses)                       166,834
                                                 ------------
  Net Earnings (Loss) Pre-Tax                      (1,306,075)
                                                 ------------
  Net Earnings (Loss)                             ($1,306,075)
                                                  ===========

                       Tricom S.A., et al.
                    Statement of Cash Flows
                          (Unaudited)
             For the Month Ended November 30, 2008

Cash Flows Provided By Operating Activities:

Net Loss From Continuing Operations               ($1,306,075)

Adjustments To Reconcile Net Earnings
(Loss) And Net Cash Provided By (Used In)
Operating Activities:
    Depreciation                                    3,525,814
    Allowance For Doubtful Accounts                   602,321
    Amortizations Issue Cost                           18,077

Increase (Decrease) In:
    Accounts Receivable                               155,621
    Inventories                                       209,597
    Prepaid Expenses                                1,033,225
    Other Assets                                       (2,612)
    Accounts Payable                               (2,973,214)
    Interest Payable                                 (287,591)
    Restructuring Related Payable                     548,352
    Accrued Expenses                               (2,317,550)
    Other Liabilities                                  49,944
    Capex Adjustment                                  119,358
                                                  -----------
    Total Adjustment                                  681,342

Net Cash Used In Operating Activities               (624,733)

Cash Flows From Investing Activities:
Acquisition Of Property And Equipment               (876,633)
Pledged Securities                                      (848)
                                                  -----------
Net Cash Used In Investing Activities               (877,481)

Cash Flows From Financing Activities:
Bank Overdraft                                      (106,407)
Borrowed Funds (Paid To) From Banks                 (168,654)
                                                  -----------
Net Cash Provided (Used) By Financing Activities    (275,061)

Increase (Decrease) Of Cash And Cash Equivalents   (1,777,275)

Cash And Cash Equivalents, Beginning               15,571,093

Cash And Cash Equivalents, End                    $13,793,818
                                                  ===========

For the month ended November 30, 2008, the Debtors made total
disbursements of $15,288,157:

  Tricom, S.A.                     $11,888,864
  Tricom USA, Inc.                  $1,204,287
  TCN Dominicana, S.A.              $2,195,004

                       About Tricom S.A.

Tricom, S.A., was incorporated in the Dominican Republic on
Jan. 25, 1988, as a Sociedad Anonima.  Tricom is one of the
pre-eminent full service communications services providers in
the Dominican Republic.  Headquartered in Santo Domingo, Tricom
offers local, long distance, and mobile telephone services,
cable television and broadband data transmission and Internet
services, which are provided to more than 729,000 customers.

Tricom's wireless network covers about 90% of the Dominican
Republic's population.  Tricom's local service network is 100%
digital.  The company also owns interests in undersea fiber-
optic cable networks that connect and transmit telecommunications
signals between Central America, the Caribbean, the United States
and Europe.

Tricom USA, Inc., a wholly owned subsidiary of Tricom, was
incorporated in Delaware in 1992, and at that time was known as
Domtel Communications.  A name change was effected in 1997 and
Domtel Communications formally became Tricom USA, Inc.

Tricom USA originates, transports and terminates international
long-distance traffic using switching stations and other
telecommunications equipment located in New York and Florida.

Tricom S.A. and its U.S. affiliates filed for Chapter 11
protection on Feb. 29, 2008 (Bankr. S.D. N.Y. Case No. 08-
10720).  Larren M. Nashelsky, Esq., at Morrison & Foerster LLP,
in New York City, represent the Debtors.  When the Debtors'
filed for protection from their creditors, they listed total
assets of $327,600,000 and total debts of $764,600,000.

As of June 30, 2008, Tricom had $316,325,466 in assets and
$771,970,349 in liabilities.

(Tricom Bankruptcy News, Issue No. 17; Bankruptcy Creditors'
Services Inc.; http://bankrupt.com/newsstand/or 215/945-7000)


WORLDSPACE INC: Files Monthly Operating Report for November 2008
----------------------------------------------------------------
WorldSpace, Inc., AfriSpace, Inc., and WorldSpace Systems Corp.
filed with the U.S. Bankruptcy Court for the District of Delaware
a monthly operating report for the month ended Nov. 30, 2008.

The Debtors reported a consolidated net loss of $3,429,137 on
total revenue of $310,212 for the month of November, 2008.
Consolidated cumulative net loss from the date of filing to
Nov. 30, 2008, was $5,860,492 on total revenue of ($355,054).

At Nov. 30, 2008, the Debtors reported consolidated assets with a
book value of $695,764,682, consolidated liabilities of
$2,133,325,881, and stockholders' deficit of $1,437,561,200.

A full-text copy of the Debtors' monthly operating report for
November, 2008 is available for free at:

       http://bankrupt.com/misc/WORLDSPACE_NovemberMOR.pdf

                         About WorldSpace

WorldSpace, Inc. (WSI) -- http://www.1worldspace.com/-- and its
debtor- and non-debtor affiliates provide satellite-based radio
and data broadcasting services to paying subscribers in ten
countries throughout Europe, India, the Middle East, and Africa.
The Debtors and their affiliates operate two geostationary
satellites, AfriStar and Asia Star, which are in orbit over Africa
and Asia.  The Debtor and two of its affiliates filed for Chapter
11 bankruptcy protection on Oct. 17, 2008 (Bankr. D. Del., Case
No. 08-12412 - 08-12414).  James E. O'Neill, Esq., Laura Davis
Jones, Esq., and Timothy P. Cairns, Esq., at Pachulski Stang Ziehl
& Jones, LLP, represent the Debtors as counsel.

The U.S. Trustee for Region 3 appointed creditors to serve on an
Official Committee of Unsecured Creditors.  Neil Raymond Lapinski,
Esq., and Rafael Xavier Zahralddin-Aravena, Esq., at Elliot
Greenleaf represent the Committee as counsel.  When the Debtors
filed for bankruptcy, they listed total assets of $307,382,000 and
total debts of $2,122,904,000.

                            *********

Monday's edition of the TCR delivers a list of indicative prices
for bond issues that reportedly trade well below par.  Prices are
obtained by TCR editors from a variety of outside sources during
the prior week we think are reliable.  Those sources may not,
however, be complete or accurate.  The Monday Bond Pricing table
is compiled on the Friday prior to publication.  Prices reported
are not intended to reflect actual trades.  Prices for actual
trades are probably different.  Our objective is to share
information, not make markets in publicly traded securities.
Nothing in the TCR constitutes an offer or solicitation to buy or
sell any security of any kind.  It is likely that some entity
affiliated with a TCR editor holds some position in the issuers'
public debt and equity securities about which we report.

Each Tuesday edition of the TCR contains a list of companies with
insolvent balance sheets whose shares trade higher than $3 per
share in public markets.  At first glance, this list may look like
the definitive compilation of stocks that are ideal to sell short.
Don't be fooled.  Assets, for example, reported at historical cost
net of depreciation may understate the true value of a firm's
assets.  A company may establish reserves on its balance sheet for
liabilities that may never materialize.  The prices at which
equity securities trade in public market are determined by more
than a balance sheet solvency test.

A list of Meetings, Conferences and Seminars appears in each
Wednesday's edition of the TCR. Submissions about insolvency-
related conferences are encouraged.  Send announcements to
conferences@bankrupt.com/

On Thursdays, the TCR delivers a list of recently filed chapter 11
cases involving less than $1,000,000 in assets and liabilities
delivered to nation's bankruptcy courts.  The list includes links
to freely downloadable images of these small-dollar petitions in
Acrobat PDF format.

Each Friday's edition of the TCR includes a review about a book of
interest to troubled company professionals.  All titles are
available at your local bookstore or through Amazon.com.  Go to
http://www.bankrupt.com/books/to order any title today.

Monthly Operating Reports are summarized in every Saturday edition
of the TCR.

The Sunday TCR delivers securitization rating news from the week
then-ending.

For copies of court documents filed in the District of Delaware,
please contact Vito at Parcels, Inc., at 302-658-9911.  For
bankruptcy documents filed in cases pending outside the District
of Delaware, contact Ken Troubh at Nationwide Research &
Consulting at 207/791-2852.

                            *********

S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors' Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Frederick, Maryland,
USA.  Ronald C. Sy, Joel Anthony G. Lopez, Cecil R. Villacampa,
Luke Caballos, Sheryl Joy P. Olano, Carlo Fernandez, Christopher
G. Patalinghug, and Peter A. Chapman, Editors.

Copyright 2009.  All rights reserved.  ISSN: 1520-9474.

This material is copyrighted and any commercial use, resale or
publication in any form (including e-mail forwarding, electronic
re-mailing and photocopying) is strictly prohibited without prior
written permission of the publishers.  Information contained
herein is obtained from sources believed to be reliable, but is
not guaranteed.

The TCR subscription rate is $775 for 6 months delivered via e-
mail.  Additional e-mail subscriptions for members of the same
firm for the term of the initial subscription or balance thereof
are $25 each.  For subscription information, contact Christopher
Beard at 240/629-3300.

                   *** End of Transmission ***