www.WirelessFederation.com/news: Jajah, a VoIP services provider, will be acquired by Telefonica O2 in USD 200 million deal. Earlier, Techcrunch reported in the beginning of November that Microsoft and Cisco Systems were also looking to
buy Jajah for a price ranging from USD 200 million to USD 400 million.
Jajah introduced a VoIP service for mobile phone owners using internet in March 2006 and raised USD 28 million in VC funding from investors like Sequoia Capital, Globespan Capital Partners, Deutsche Telekom and Intel.
Currently, Jajah provides calling access to more than 200 destinations globally and serves over 25 million consumers and business callers in more than 122 countries.
