67 WALL STREET, New York - October 11, 2013 - The Wall Street Transcript has just published its Internet Services Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
Topics covered: Data Hosting Centers - Cloud Computing Secular Trends - Colocation, Managed Hosting and Cloud Computing - Increased Mobile Content Traffic - Chinese Online Monetization Trends - Internet Infrastructure Build - Enterprise Adoption of Cloud Computing
Companies include: Angie's List, Inc. (ANGI) and many more.
In the following excerpt from the Internet Services Report, the Co-Founder and CEO of Angie's List, Inc. (ANGI) discusses company strategy and the outlook for this vital industry:
TWST: Tell us about the BrightNest acquisition, the very popular home-improvement iPhone app. Are there any plans for an Android version?
Mr. Oesterle: Yes, absolutely. We intend to take that feature set and deploy it across all our platforms. They do a very nice job of increasing user engagement, and so the premise is simple. We'd like to take their tool set and apply it to our base of over 2 million households.
TWST: Any other additional M&A activity to speak of?
Mr. Oesterle: Yes, there are. We look for things like BrightNest that are either tool sets that our members or our service providers can use, or their content that our members or service providers will find helpful or their verticals, other service categories that we don't currently cover that we might be able to cover. They could be anything from legal to alternative education to tutors, coaching, etc.
TWST: What are the competitive issues right now? With players like Yelp and eBay eyeing the local services marketplace, how will Angie's List respond? How will you defend your position in the industry?
Mr. Oesterle: Really it's by doing what we've done. There have always been free models. This is not a brand new industry. There's always been free services to attract consumers to local businesses. The way we've been able to differentiate is by...
For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
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