Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
"We are pleased to add people of Frank's and John's caliber to our board," commented Yahoo! Chairman Roy Bostock. "Frank's extensive experience in the entertainment and media industries, combined with John's deep management experience in telecommunications, will provide valuable perspectives to our already diverse board. We look forward to working with them as our board continues its ongoing efforts to enhance stockholder value."
Yahoo! co-founder and chief executive officer Jerry Yang added, "No other company in the Internet space has our unique combination of a global brand, the industry's best talent, innovative technologies and exceptional assets; strengths we believe will help us take advantage of the opportunities we see ahead. I look forward to working together with Frank, John, and the rest of our board to continue the progress we've made on our strategy to be the starting point for the most Internet users, a must buy for the most advertisers, and to develop the world's most open platforms."
More than one-third of the votes cast at Yahoo!'s annual meeting earlier this month withheld support for Bostock and Yang. That meant neither attracted the support of the owners of an absolute majority of the company's shares.
David Bass
| For the fourth year in a row, IDC has placed content security provider Websense (NASDAQ: WBSN) at the top of the IDC Worldwide Web Security 2011 –…
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