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 El Sitio (LCTO)
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| Author | Topic: El Sitio (LCTO) |
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happyguy |
posted 12-03-1999 10:10 AM
 
How's this for growth? The site had 1.6 million unique visitors in October, up from 174,800 in March. They also have a good promoter of the company in Sammy Sosa. Latin America will probably see the biggest growth in internet usage over the next few years, but competiton in the market is also growing, with Starmedia and Terra Networks recent IPOs. The IPO is slated for next week and hopes to raise about $100 million. |
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mr big |
posted 11-24-1999 05:49 PM
El Sitio, an Internet portal serving Latin America, will provide information to Motorola pagers, the companies announced today. The service, which is being offered first in Brazil and in the United States, will let users access and select El Sitio content in Spanish and Portuguese via Motorola pagers. |
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Mayor of Investorville Administrator |
posted 11-23-1999 03:40 PM
El Sitio ("the place") operates web sites that target Spanish and Portuguese speakers in Latin America and the U.S. Founded in 1997, El Sitio provides information and services to over 500,000 registered users. The company is also planning to provide dialup internet access, and is buying telecom player IMPSAT's 75,000 subscribers in Argentina, Brazil, and Colombia. The company is expected to go public soon, although an official date has not yet been set. It expects to be priced between $11 and $13 and to raise $98 million. (source: SEC filing) |
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