IMS Group may float football website
Wednesday 28 July 1999
Teamtalk is one of the top 10 UK websites, attracting over 10 million impressions a month - about one-sixth the number of impressions received by Freeserve, Dixons' free Internet service provider.
"We're taking advice from various sources about what it's worth," said Mr Wilson. "Valuations range from huge numbers to not so huge numbers. When you see something like Freeserve go off to pounds 2bn it makes you wonder," he said.
IMS has contracted KPMG and Chase Manhattan to advise on possibilities. "The options range from doing absolutely nothing to doing something similar to Dixons, and everything in between," Mr Wilson said. He added that IMS would consider selling an equity stake in Teamtalk to secure pounds 10m to invest in the online business.
IMS also operates fixed and mobile air-time sales to small and medium- sized businesses, as well as running a live and automated call handling business.
First-half pre-tax profits grew by 45 per cent to pounds 1.19m. The shares yesterday closed up 6p at 247.5p.
- 1 Half of young women unable to ‘locate vagina’ and 65% find it difficult to say the word
- 2 Perez Hilton apologises for Jennifer Lawrence naked photo leak
- 3 A teacher speaks out: 'I'm effectively being forced out of a career that I wanted to love'
- 4 Mexican woman becomes world’s 'oldest person' at 127
- 5 Jennifer Lawrence 'naked sex video' will be leaked threatens 4Chan celebrity photo hacker
Perez Hilton apologises for Jennifer Lawrence naked photo leak
Ariana Grande nude photos leak: 'These are completely fake' say singer's representatives
A teacher speaks out: 'I'm effectively being forced out of a career that I wanted to love'
Israel to appropriate 400 hectares in West Bank for ‘state use’
Kate Upton nude pictures leak: Model's representatives 'looking into' authenticity of naked images
Rotherham child sex abuse scandal: Labour Home Office to be probed over what Tony Blair's government knew - and when
Robin Williams Emmys tribute led by Billy Crystal criticised for including 'racist' joke about Muslim woman
The Rotherham child abuse scandal is a tale of apologists, misogyny and double standards
What do immigrants really think of Britain? Polish immigrant's Reddit post goes viral
Do you realise just how foolish the UK looks?
Ashya King: Parents of five-year-old boy refused permission to visit him in hospital and denied bail at Spanish court
iJobs Money & Business
£40000 - £50000 per annum + benefits+bonus+package: Harrington Starr: SQL Impl...
£85000 per annum: Harrington Starr: Head of IT (Windows, Server, VMware, SAN, ...
£40000 - £50000 per annum: Harrington Starr: You will not be expected to hav...
£500 per day: Harrington Starr: SQL DBA/Developer SQL, C#, VBA, Data Warehousi...