Skype puts off IPO
Needs time to boost revenues and let its new CEO get up to speed.
By VoipPlanet.com Staff
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"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"
