Tag:

IPO

Latest Headlines

Latest Headlines

MobiTV pulls back IPO bid—but says it might try later

MobiTV has decided that "market conditions" aren't right for a planned IPO and has withdrawn it from consideration by the SEC, the company said in a letter to that body.

MobiTV withdraws $75M IPO, blaming 'unfavorable market conditions'

MobiTV has withdrawn its plans for an initial public offering, blaming "unfavorable market conditions" in a request to the Securities and Exchange Commission.

'Market conditions' blamed as MobiTV pulls back IPO bid

MobiTV has had second thoughts about an IPO it initiated last August and has now withdrawn it. The company, which makes apps that let users watch TV on smart phones and has recently pushed into the TV Everywhere space, had hoped to raise up to $75 million.

Telefónica may restructure to reduce €57 billion in debt

Telefónica is considering restructuring its entire Latin America (LatAm) business to raise cash and reduce its €57 billion in debt.

Jumptap preps for IPO with $27.5M in new financing

Jumptap has secured $27.5 million in new financing, which the mobile advertising network said will help accelerate its plans to go public

Reliance IPO route to sell FLAG submarine unit not without challenges

Reliance Communications' pending IPO in Singapore may not be a quick route out of its ongoing problems with selling the FLAG submarine cable system.

Report: KPN looking to spin off German E-Plus unit

The prospect of KPN spinning off its German mobile unit is looking more likely following further discussion over a coordinated IPO approach with Telefónica and its O2 Germany subsidiary, according to a Financial Times report.

MVNO Lebara boosts revenues 15% with strong customer gains

Full-year revenues at pan-European MVNO Lebara are up 15 per cent to €648 million, helped by a 27 per cent increase in customers to 3.8 million. Importantly, the company also reported operating

Facebook turns to mobile ads to justify $16B IPO hype

Facebook is set to begin trading on the Nasdaq after a blockbuster initial public offering that ranks as the second largest stock market debut in U.S. history. Facebook sold 421.2 million shares

Facebook's Zuckerberg says improving mobile app is 'first priority'

Facebook co-founder and CEO Mark Zuckerberg said improving the social networking giant's mobile application is his "first priority" for 2012. Zuckerberg laid out his goals for the months ahead on