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Deezer registers for IPO on Euronext Paris
2015-09-22 08:26:00| Telecompaper Headlines
(Telecompaper) Streaming music service Deezer has registered with the French financial markets authority (AMF) to launch an IPO on Euronext Paris. At this early stage, the company did not indicate how many shares it plans to issue or at what price. CEO Hans-Holger Albrecht said of the move: "Our contemplated IPO represents a key step in the continued development of our business. It will help us expand our offering through innovative marketing campaigns, drive deeper distribution through our telecom and manufacturer partnerships, and further improve our product and content to deliver an even better service for our listeners." Deezer offers a catalogue of over 35 million tracks and 40,000 news and entertainment talk shows and podcasts in over 180 countries worldwide.
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Category:Telecommunications