client login
Username
Remember Me
Forgot Password
Password
CATEGORIES
 
Local Media Blog [ 908 ]  RSS ATOM


Blog Home

Contact Kelsey

Bookmark this page



SEARCH
 


previous month  MARCH 2006  next month
s m t w t f s
4
18
19 24 25
26 27 28 29 30 31


BLOG ARCHIVE
 
RSS ATOM  Full archive
 
current month



RECENT ENTRIES
 
 
RSS ATOM


BLOGGERS
 
admin [ 0 ]  RSS ATOM
Carlotta Mast [ 0 ]  RSS ATOM
Greg Sterling [ 745 ]  RSS ATOM
John Kelsey [ 52 ]  RSS ATOM
Matt Booth [ 0 ]  RSS ATOM
Mike Boland [ 83 ]  RSS ATOM
Neal Polachek [ 27 ]  RSS ATOM


COUNTER
 
Visitors    356135
Online users 105
 



Dec 5 2005
Printable version  |  Email to a friend
Verizon Info Services on Block
As noted in Greg's post, last night, Verizon Corp. posted an announcement on its Web site that it is "reviewing strategic alternatives for the domestic operations of the company's wholly owned directories publishing business, Verizon Information Services." You can review the original announcement here.

VIS had 2004 revenues of US$3.6 billion and EBITDA of US$1.7 billion. It also had a negative growth rate of 5.6 percent. VIS is reported to be commanding a price in the range of US$17 billion. This would be a blockbuster deal, and a challenging one for any single buyer to handle. All of which suggests a spin-off, which is one of the options Verizon presented in its announcement yesterday. TKG will provide more detailed coverage and analysis in the coming days, as more facts emerge.

 
Global Yellow Pages Blog
posted by  Charles Laughlin at  18:13 | comments [1] | trackbacks [0]


BLOG COMMENT


posted by   Charles Laughlin Dec 5 2005 at 18:13
I did an interview today on CNBC's Closing Bell on this story. The key question seemed to be, if this business (Yellow Pages in general) is dying a slow death, why would anyone want to buy it? The answer is pretty simple. The directory business is still hugely profitable, still widely used and still central to business acquisition for many small businesses. There needs to be a better appreciation for the fact that while Yellow Pages is clearly a business under strain (from internal competition, the Internet, etc.), it is still a huge source of value that isn't going to disappear within any current investor's time horizon. There is some very profitable middle ground between being the hottest thing on the planet and the walking dead.
 




ADD COMMENT
(*) indicates required fields
author (*) :
email address :
url :
 
  bold italic underline add hyperlink add email hyperlink centre unorder list order list add image quote emoticon smiles
 
comment (*) :

html code

ubb code

max characters : 2000

+
- +
-
characters remaining :
remember me :
 
 
 



The Kelsey Group, 600 Executive Drive, Princeton, NJ 08540-1528
Tel: (609) 921-7200 Fax: (609) 921-2112 EMail: [email protected]
Copyright© 2005 The Kelsey Group. All Rights Reserved.