Broadband Briefs for August 19, 2010
• Rogers' board declares quarterly dividend
By CED staff
Yesterday, Rogers Communications' board of directors declared a quarterly dividend of 32 cents per share on each of its outstanding Class A and Class B common shares.
The quarterly dividend declared is slated to be paid on Oct. 1 to shareholders of record on Sept. 9.
• Skype chief development officer resigns
By The Associated Press
SAN FRANCISCO (AP) – Skype chief development officer Madhu Yarlagadda has left the Internet calling service for "personal reasons," a Skype spokeswoman said Wednesday.
Yarlagadda, a former Yahoo executive, joined Skype in early July. At Yahoo, he had been vice president of engineering for integrated customer experiences, heading engineering work for Yahoo properties.
The departure comes as Skype, which split from eBay last year, plans a U.S. initial public offering. In a filing last week with the Securities and Exchange Commission, Luxembourg-based Skype tentatively stated the value of the offering at $100 million – an estimate that is just used as a basis for the filing fee.
The company has not said when it intends to sell its shares, or for how much. It plans to list its stock on the Nasdaq Stock Market, though the symbol it will use is not yet known.