Skype puts off IPO

By VoipPlanet.com Staff | Jan 27, 2011 | Print this Page

"VoIP service Skype has reportedly delayed its IPO until later in the year, citing a need for higher revenue and a plan to get the company 'in better shape'," writes Smartcompany's Patrick Stafford.

"This latest report highlights what many analysts believe to be a fairly shaky plan for an IPO, given the company said it has doubts over whether the company can ever become profitable," Stafford writes.

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Skype delays IPO to give it time to increase revenue and clean up "company"