Snapchat lists traditional TV among competitors in IPO filing

Snapchat cited traditional companies in the TV space among its competitors, as it filed papers for a planned US$3 billion IPO. The firm, which described itself as a “camera company” in its S1 filing with the SEC, said it aimed to raise up to US$3 billion in a stock market debut that could value the […]

Report: Snapchat files for IPO

Snapchat has reportedly filed for an initial public offering (IPO) that could value the firm at as much as US$25 billion. According to Wall Street Journal and Reuters reports, Snapchat, now known formally as Snap Inc, has confidentially filed paperwork with the US Securities and Exchange Commission and is expected to IPO as early as March. […]

UK government: streaming services up, piracy down

A “steep rise” in the use of streaming services like Netflix and Spotify has coincided with a decline online copyright infringement, according to UK government research.  The Intellectual Property Office (IPO)-commissioned report claims that 52% of internet users now use streaming services to consumer content online and notes there has been a “small but significant” […]

Deutsche Telekom reportedly set to take control of Slovak operator

Deutsche Telekom last week placed an offer for the 49% stake it does not already own in Slovakia’s Slovak Telekom, according to a Bloomberg report. According to Bloomberg, citing unnamed sources, it was Telekom’s move that led the Slovakian government to cancel its proposed IPO of the company last week. In April , the company […]

Slovak Telekom sets IPO price, firm valued at up to €2 billion

Slovak Telekom has set its initial public offering price range at €17.7 to €23.6 per-share, valuing the company at between €1.5 billion and €2.0 billion.  The Slovakian government announced plans to sell off its 49% stake in Slovak Telekom on the Bratislava and London stock exchanges earlier this month. The company has now revealed that […]

IPO planned for Slovak Telekom

The Slovakian government is to sell off its 49% stake in Slovak Telekom via an IPO on the Bratislava and London stock exchanges. The government body that holds Slovak Telekom shares, the Property Fund of the Slovak Republic, will offer all of its stake in the form of shares to be listed in Bratislava and […]

Sunrise celebrates largest Swiss IPO since 2006

Sunrise has upped its IPO offering in a stock market debut that valued the company at CHF3.06 – the largest Swiss IPO since 2006. The Swiss service provider, which began trading today on the SIX Swiss Exchange, agreed to upsize its base offering by 5 million shares due to “strong demand from a broad range […]

Tele Columbus to raise third of a billion euros from IPO

German cable operator Tele Columbus has set the offer price for shares sold through its IPO at €10 per share, at the mid-point of the previously announced price range of €8.00 to €12.00 per share.  The move means that Tele Columbus expects to raise between €333 million and €367 million from the sale of the […]

Sunrise plans Swiss IPO

Swiss service provider Sunrise has announced plans to launch an initial public offering in the first half of this year.  The firm plans to list on the SIX Swiss Exchange and said that the IPO would “substantially strengthen” its balance sheet and allow it to exploit future growth opportunities. Sunrise added that going public would […]

Tele Columbus sets IPO price range

German cable operator Tele Columbus has set an €8 to €12 per-share price range for its IPO and said it expects the total offering size to be €447 million if the offered shares are placed at the mid-point of the price range. Tele Columbus will offer up to 52.77 million shares, comprising of 37.5 million […]