Thursday, June 2, 2011

21Vianet: Solid Growth in Data Center Services

Read the whole article at Seeking Alpha:

>>21Vianet Group (VNET) announced yesterday its unaudited financial results for the first quarter of 2011. The company describes itself as the largest carrier-neutral Internet data center services provider in China, and completed its IPO at the end of April, selling about 14,950,000 American depositary shares ("ADSs"), including 1,950,000 ADSs purchased by the underwriters pursuant to the exercise of their over-allotment option at $15, or $2 above the high end of the originally proposed range. Each ADS represents six Class A ordinary shares of the company.

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