Ooma, which provides internet-based telecom services for homes and small businesses, announced terms for its IPO on Monday. The Palo Alto, CA-based company plans to raise $85 million by offering 5 million shares at a price range of $16 to $18. At the...read more
MetroPCS, a rapidly-growing wireless service provider offering flat-rate, unlimited calling plans in major US markets, priced its 50 million share offering at $23 per share, 15% above the mid point of its proposed $19-$21 range. Bear Stearns, Banc of America...read more
Vonage, a well-known provider of voice-over-IP (VoIP) telephone service to 1.7 million residential subscribers and small businesses, priced its offering of 31.25 million shares at $17, the mid-point of its $16-$18 range. Citigroup, Deutsche Bank and UBS...read more
Vonage Holdings, a leading provider of broadband telephone services, plans to offer 31.3 million shares at a range of $16 to $18. Assuming the stock prices at the midpoint, the company will have an initial market capitalization of $2.9 billion. Citigroup,...read more
Internet-based telecom provider Ooma sets terms for $85 million IPO
Ooma, which provides internet-based telecom services for homes and small businesses, announced terms for its IPO on Monday. The Palo Alto, CA-based company plans to raise $85 million by offering 5 million shares at a price range of $16 to $18. At the...read more
Low-cost wireless operator MetroPCS prices at $23, above the range
MetroPCS, a rapidly-growing wireless service provider offering flat-rate, unlimited calling plans in major US markets, priced its 50 million share offering at $23 per share, 15% above the mid point of its proposed $19-$21 range. Bear Stearns, Banc of America...read more
Woohoo, hoo, hoo, hoo: Vonage prices 31.25mm shares at $17
Vonage, a well-known provider of voice-over-IP (VoIP) telephone service to 1.7 million residential subscribers and small businesses, priced its offering of 31.25 million shares at $17, the mid-point of its $16-$18 range. Citigroup, Deutsche Bank and UBS...read more
Telecommunications company Vonage sets terms
Vonage Holdings, a leading provider of broadband telephone services, plans to offer 31.3 million shares at a range of $16 to $18. Assuming the stock prices at the midpoint, the company will have an initial market capitalization of $2.9 billion. Citigroup,...read more