Featured Articles

Analysts expect ARM to do well next year

Analysts expect ARM to do well next year

British chip designer ARM could cash in on the mobile industry's rush to transition to 64-bit operating systems and hardware.

More...
Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Huawei and Xiaomi outpace Lenovo, LG in smartphone market

Samsung has lost smartphone market share, ending the quarter on a low note and Xiaomi appears to be the big winner.

More...
Intel Broadwell 15W coming to CES

Intel Broadwell 15W coming to CES

It looks like Intel will be showing off its 14nm processors, codenames Broadwell, in a couple of weeks at CES 2015.

More...
Gainward GTX 980 Phantom reviewed

Gainward GTX 980 Phantom reviewed

Today we’ll be taking a closer look at the recently introduced Gainward GTX 980 4GB with the company’s trademark Phantom cooler.

More...
Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac ZBOX Sphere OI520 barebones vs Sphere Plus review

Zotac has been in the nettop and mini-PC space for more than four years now and it has managed to carve…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 10 August 2010 09:55

Skype wants to go public

Written by Nick Farell
skype

Will raise $100 million in IPO
Skype wants to raise US$100 million through an initial public offering (IPO) in the US, as the Luxembourg-based provider of Internet telephony, video calling and instant messaging communications seeks to diversify and boost its user base and revenue.

In a filing with the USSecurities and Exchange Commission (SEC) Skype said it wanted investment to pursue  a strategy to grow both its base of free users and paid subscribers, increase its marketing and advertising revenue and expand its services for businesses. Skype told SEC that it makes most of its dosh from fees its charges for its SkypeOut service. It wants to see this grow.

As of June 30, Skype had a monthly average of 124 million free users and 8.1 million paying users, up from 91 million free users and 6.6 million paying users respectively in the second quarter of 2009.
In addition to Internet telephony, video calling and IM, Skype also offers SMS, screen sharing and file transfer services.


Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments