Glu is resurging after its IPO

After a successful IPO in which Glu saw its share offer being over-subscribed, the shares saw a rise in the prices by around 7 percent. Glu is a mobile game developer and has a significant presence in North America. It is said to be in the top three mobile game developers in the area.

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DTAC planning for an IPO

DTAC, one of the biggest mobile operators in Thailand which is headed by Telenor of Norway is planning to float an IPO on a local Thailand stock exchange in a bid to raise around 6 billion Baht or 172 million dollars. This would help them in network expansion and debt payoffs.


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Spice Telecom planning to go public

Spice Telecom, a telecom network carrier in India which at the moment has presence in 2 circles, Karnataka and Punjab is planning to go public. It expects to raise around $150 million from the public offering which it says it would use to expand its operations in other circles in the country by applying for fresh licenses. At this moment Malaysia based Telecom Malaysia has 49% stake in Spice Telecom.


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