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Voice - Thursday, November 8, 2007

Internet Telephony's Jajah Has IPO On Its Mind

There are a good number of well funded startups that are offering free/cheap voice calls over the net including Rebtel, Jaxtr, and Jangl. Other than Skype, Jajah may be the biggest with 50M users signed up in year one for its service which provides low price landline and mobile calls and free calls from user to user. To create separation, Jajah says it wants to IPO ASAP.

The firm's Austrian CEO and co-founder Roman Scharf told Reuters: "We'd need $100M - $200M to bring Jajah within a year to a level of 50M - 80M customers. We can do that and this would be the purpose of a possible IPO. We want to do this next year. We believe the second or third quarter next year might have the right environment for us to go public." Rebtel's chief investor is Intel as well as Sequoia Capital and Globespan Capital.

Jajah has teamed up with online advertising solutions provider Oridian to deliver a jointly-developed in-call advertising service, where users earn free minutes by listening to ads.

Read - Reuters