Phone Scoop

printed April 1, 2015
See this page online at:

Home  ›  News  ›

Danger Files for IPO

Article Comments  2  

Dec 20, 2007, 2:58 PM   by Eric M. Zeman   @phonescooper

Danger is seeking to raise $100 million in cash in an initial public offering. Danger, which pioneered the T-Mobile SideKick, said it will use $7.2 million of the raised funds to repay bank loans and the remainder to fund operations. Danger has 923,000 customers and earned $54.6 million during its 2007 fiscal year, though it saw a net loss of $12.4 million. T-Mobile generated 92% of Danger's earnings. Danger hopes that more of its revenue will come from other sources in the future.

more info at mocoNews »



Forum Options

This forum is closed.

Subject Author Date
Danger Danger.... cremz Dec 20, 2007, 4:20 PM
Page  1  of 1

This forum is closed.

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Phone Scoop on Google+ Subscribe to Phone Scoop on YouTube Follow on Instagram


All content Copyright 2001-2015 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.