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“Strong demand” for Astro IPO

Astro Malaysia has said its initial public offering (IPO) has received strong demand from Malaysian and international investors, including leading institutional investors. In a statement, Astro Malaysia said the retail,…

Astro IPO oversubscribed, targets 100% HD

Astro, Malaysia’s largest pay-TV operator, which controls some 50 per cent of the six million Malaysian TV households, launched the prospectus for its IPO, September 21, pricing the retail offering…

Astro sets price range for IPO

Pay-TV firm Astro Malaysia has set an indicative price range of RM2.70-3.00 per share for institutional investors for its initial public offering (IPO) that could raise up to RM4.56 billion…

MobiTV pulls IPO

MobiTV, the TV apps maker for smart phones, has pulled its initial public offering to raise up to $75 million blaming “unfavorable market conditions”. MobiTV reported an $11.8 million loss…

Vevo looks to IPO

According to reports online, music video site Vevo is in early-stage talks with investors to try and raise funds ahead of a planned flotation. The broadcaster, owned by Universal Music…

Intelsat’s massive IPO

Intelsat’s giant $1.75 billion IPO news was somewhat dwarfed by Facebook’s somewhat larger announcement on May 18th. Nevertheless the IPO filing, made with the SEC on May 18th, says that…

Facebook raises IPO price range

Facebook raises IPO price range

Facebook has increased the price range of its stock in what will be Silicon Valley’s biggest-ever initial public offering to raise more than $12 billion (£7.4bn), giving the social network…

Face it, Facebook’s not worth $95bn

Facebook has named the range for its impending IPO with a share price of $28-35. That’s an unusually wide range and targets a value between $85-95 billion; in other words…

Facebook IPO date set

Facebook IPO date set

Facebook shares will float on the US stock market on May 18th, with a “roadshow” for the company’s initial public offering to begin next week. The eight-year-old social network, with…

Level 3 expands to meet rising CDN Demand

IP-based communications service provider Level 3 Communications has completed a substantial expansion of the global capacity of its content delivery network (CDN). The expansion, which was completed in less than…