Skype Delays IPO to Second Half of 2011: Sources

Skype will not hold its initial public offering until the second half of the year, reported the Wall Street Journal, citing sources familiar with the matter.


The Internet phone company was expected to go public in early 2011. However, uncertainties in the IPO markets and the hiring of Tony Bates as the firm's new CEO last October have slowed down the offering process, according to people familiar with the situation.

Skype's IPO is likely to be pushed back to at least July, according to sources.