to a report by Israeli financial site "TheMaker",
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