PhoneCardSmile.Com Logo
E-mail: Password:
Welcome to
Skype Phone Card News, International Calling Card
Skype Rings Up Another Telecom Partnership as IPO Buzz Grows

Date: 10/18/2010 5:51:34 PM

Skype has made a trans-Pacific connection with Japan's second largest mobile carrier, announcing Monday that it plans to offer its Internet phone and video chat service to KDDI's customers. The partnership, which is similar Skype's agreement with Verizon (VZ), could bode well for its IPO plans.

Skype had hoped to complete its initial public offering in 2010, but given the recent changes at the company -- such as a new CEO announced earlier this month -- that desire is not likely to be achieved before the new year arrives, say people familiar with the company. Former Cisco Systems executive Tony Bates is slated to take the reins as CEO at the end of October.

Industry observers have been biding their time since Skype filed for its IPO in early August, indicating that it plans to raise $100 million, based on its registration filing fee. It has been nearly three months since that filing, which is the average amount of time it takes for a company to query institutional investors and come up with an initial pricing range, said Paul Bard, director of research for Renaissance Capital.

We definitely think there will be interest in their IPO, Bard said. It's the closest deal we've seen from the social networking space. They have a Facebook partnership, and a lot of users that they are looking to find ways to monetize. Like other social networking sites, they're looking to convert their users into paid subscribers and see what other services they can layer over their platform.

Skype's recently arranged Facebook partnership allows its users to sign in, then text or call their Facebook friends directly from their Skype accounts.

Videochat on Smartphones

As of June 30, Skype had 560 million registered users, a 41% increase over the same time last year, according to its IPO filing with the Securities and Exchange Commission. The company, however, had only 8.1 million paying users during the three-month period ending June 30.

Sponsored Links A Skype spokesman declined to comment on the IPO, noting that the company is in a quiet period.

Skype's partnership with KDDI is modeled on its recent strategic arrangement with Verizon. It calls for the carrier's customers to use Skype on selected smartphone models, without it digging into their monthly minute or data usage plans. KDDI plans to launch Skype on its Android IS03 and IS01 models beginning in November. Earlier this year, Skype launched on the Verizon network's phones, and also created an Apple (AAPL) iPhone app that puts it on AT&T's (T) network.

If Skype is able to price its IPO and get it out the door this year, it would join a surge in new issue offerings that have flooded the market in the second half of 2010, Bard said. In October alone there have been 11 IPOs so far, with another 12 scheduled. For the year, a total of 105 companies have gone public, and by the end of the year that figure is expected to hit 150, says Bard.

If that number is hit, 2010 would more than double the 64 IPOs that took place in 2009. The IPO market has started to froth based on respectable performances from the new issues during the second half this year, a full pipeline of IPO filings and relative stability in the markets, Bard said.

PCS Tags: Phone Cards, Calling Cards, Prepaid Calling Card, Free Calling card

PCS Popular Country: russia Phone Cards, China Phone Cards, Bangladesh Phone Card, Singapore Phone Card  Phone Card News Stats


<-- Back

International Phone Card Search

Calling From United States to:
Phone Card Name (Optional):
Provide Local Access in

Navigation Links:

Live Help!

My Rewards Program

Secured and Verified by:
About SSL Certificates
HACKER SAFE certified sites prevent over 99.9% of hacker crime.
Discover, Master, Visa, American Express
Your current IP is:

Phone Card Rates
Brazil Phone Card, Brazil Calling Card Flag   Brazil 0.2¢ Canada Phone Card, Canada Calling Card Flag   Canada 0.1¢
China Phone Card, China Calling Card Flag   China 0.1¢ Egypt Phone Card, Egypt Calling Card Flag   Egypt 3.1¢
France Phone Card, France Calling Card Flag   France 0.1¢ Germany phone card, Germany calling card flag   Germany 0.1¢
Iraq Phone Card, Iraq Calling Card Flag   Iraq 1.0¢ india phone card, india calling card flag   India 0.1¢
italy phone card, italy calling card flag   Italy 0.1¢ Japan Phone Card, Japan Calling Card Flag   Japan 0.3¢
Korea South Phone Card, Korea South Calling Card Flag   S. Korea 0.1¢ Mexico Phone Card, Mexico Calling Card Flag   Mexico 0.4¢
Nigeria Phone Card, Nigeria Calling Card Flag   Nigeria 2.8¢ Philippines Phone Card, Philippines Calling Card Flag   Philippines 4.6¢
Russia Phone Card, Russia Calling Card Flag   Russia 0.3¢ Taiwan Phone card, Taiwan Calling Card Flag   Taiwan 0.1¢
South Africa Phone Card, South Africa Calling Card Flag   S. Africa 0.9¢ USA Phone card, USA Calling Card Flag   USA 0.3¢
UK Phone Card, United Kingdom Calling Card Flag   UK 0.1¢ USA Phone card, USA Calling Card Flag   Vietnam 0.8¢
Phone Card News

More News...