BellSouth Declines Comment on Vonage Acquisition

BellSouth representatives are declining comment on today's rumors of a possible acquisition of VoIP provider Vonage. Late this afternoon, an inquiry sent from TMCnet to BellSouth generated a quick but definite refusal to comment on the question.

Today Rich Tehrani, president of TMC, posted the following on his VoIP Blog under the entry title "BellSouth to Buy Vonage":

"Rumor has it that Vonage is in talks with Bell South to sell their VoIP service company for about 3.5 billion dollars. At about 800,000 subscribers that values each Vonage subscriber at $4,375!"

Please continue to check the TMCnet Web site for any further developments in this possible breaking story. Obviously, such a story is tentative and speculative, but an acquisition of Vonage would be big news in the growing VoIP industry.

AB -- 7/13/05

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July 13, 2005 5:33 PM |