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Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Matt Day.

May 24, 2006 at 3:25 PM

AT&T Wireless still the largest IPO

Bank of China raised $9.73 billion today in the world’s biggest initial public offering in six years, according to Bloomberg.

The IPO still doesn’t beat Redmond-based AT&T Wireless when it went public in 2000 for $10.6 billion.

Bloomberg said the Bank of China IPO could swell to more than $11 billion should the arrangers exercise an option to sell more stock to meet demand.

AT&T Wireless was founded by Craig McCaw. His most recent venture, Clearwire, filed for an IPO earlier this month. If it raises $400 million, as planned, it will be the state’s largest in six years, or since AT&T Wireless went public.

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