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MobiTV to IPO?

Tim Green
MobiTV to IPO?

Streaming TV specialist could raise $100m, say insiders.

The firm is said to have hired JPMorgan Chase and Deutsche Bank AG to manage the float, which could happen this year.

They all declined to comment.

If the IPO goes ahead, it will plough yet more investment into a company that has already raised among the most of any mobile content firm; $130m by our reckoning.

MobiTV has been around since 1999, but didn't get going until around 2007 when operators first began to adopt its tech to deliver live TV over 3G networks.

The firm now claims around 10m subscribers to its services in the US alone, and $100m in annual revenue.

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Tags: Video , funding , tv , ipo , mobitv

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