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RUMOR: Telefónica O2 to buy Israel's JaJah VoIP-Service for US$ 200 Million?
Posted by Arne Hess - on Monday, 21.12.09 - 14:41:58 CET under 01 - General News - Viewed 11353x
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According to a report by Israeli financial site "TheMaker", Telefónica O2 is expected to buy Israeli VoIP start-up JaJah for US$ 200 million. According to TheMarker, last month O2 was bidding against Cisco and Microsoft and it seems O2 got the acceptance. JaJah launched in March 2006 with a friendly, easy to use "web-activated calling" solution for any consumer with internet access. Since its launch, it's grown exponentially among early adopters and has come to be known as the leading service for international calling with more than 10 million customers globally, offering cheap phone calls to 125 countries by connecting their call directly to their landline or mobile phones through its website.

In the past, JaJah has raised US$ 35 million from Deutsche Telekom AG, Intel Capital, Sequoia and other venture capital funds since its founding in 2005.
Earlier this year, O2 Germany was the first German carrier which officially opened its GSM/UMTS network for VoIP by not charging any further fees for the use of VoIP services.

Cheers ~ Arne

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