Welcome!

XML Authors: Jayaram Krishnaswamy, David Weinberger, Jason Bloomberg, Michael Nir, David Smith

Related Topics: XML, Web 2.0, Video

XML: Article

Will Skype IPO be the Biggest IPO Since Google?

The New York Times has the idea it could be the biggest IPO since Google went public in 2004

Skype, now 70% controlled by private equity house Silver Lake which valued the joint at $2.7 billion when it bought in, wants to go public and raise $100 million. The Internet phone service has 8.1 million customers who pay to make calls to conventional or mobile phones, up from 6.6 million 12 months ago.

Otherwise 124 million users a month avail themselves of its free service. The New York Times has the idea it could be the biggest IPO since Google went public in 2004 and raised $1.67 billion.

Video calling is 40% of Skype’s total call time. It earned $13 million on revenues of $406 million, up 25%, in the first half. It remains to be seen whether it can grow revenues from business users, ads and video chat.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

Comments (0)

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.