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.
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David Heath
Tuesday, 01 September 2009 13:52
Both the New York Times and Tech Crunch are adamant that the sale will proceed within a day, with the NY Times suggesting that the group is led by Marc Andreessen (of NetScape fame) and with the bulk of the estimated $US 2B coming from Silver Lake Partners. Andreessen is currently on the eBay board of directors.
After paying $US 3.1B for Skype in 2005, eBay recently wrote down the value by around $900M, recognising that the wisdom of the investment was in question. Estimates of the current sale at $US 2B seem to fit with this revised valuation.
eBay had recently announced plans for an IPO to spin off Skype, although this is often considered to be a ploy to flush out potential private equity buyers – successfully in this case.
The only fly in the ointment is the potential fallout from the legal action being heard in the United Kingdom between eBay and Joltid, inventors and still owners of much of the underlying peer-to-peer technology.
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