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Summary:

Despite the doubts about their IPO swirling, Vonage is going ahead and preparing itself for an initial public offering, according to Light Reading and after a six-month bake-off,”has chosen Citibank, UBS AG, and Deutsche Bank AG” as lead managers of the offering that could happen within […]

Despite the doubts about their IPO swirling, Vonage is going ahead and preparing itself for an initial public offering, according to Light Reading and after a six-month bake-off,”has chosen Citibank, UBS AG, and Deutsche Bank AG” as lead managers of the offering that could happen within six months. The company declined to comment, Light Reading says. The company’s value is being pegged at $1.5 billion, even if its a buyout and not an IPO. Andy speculates on who might buy them! More @ Light Reading

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  1. I totally agree with Andy on the T-Mobile coupling, but for a different reason than he mentioned. T-Mobile has the largest wifi network. If T-Mobile were to release a GSM/Wifi (UMA) phone that utilized Vonage’s service for Voip, it would be a hit. This could actually convince the folks who aren’t in the 18-34 set to get rid of their landlines. Also a great way to answer the problem of cell reception in the home.

  2. With WiMax to Wifi on the horizon, the delays in T-Mobile’s 3G deployment might have been a smart move.

  3. Investing in Vonage would be a waste of time. They have a million customers, mostly early adopters. Do they have a strategy in place to get the next million? Splurging money on marketing the way they do now is not likely to get them anywhere. They should be spending more on QoS. Ultimately the entire VoIP scene would be ruled by the Bells and Cablecos. You just have to look at some of FFCs recent rulings to see the writing on the wall. It would be nice for Vonage if they managed to con a company like eBay into paying billions. Will Murdoch fall for it? Doubt it.

  4. If T-mobile deploys UMA, then it is not clear to me why they would need Vonage’s VoIP. Won’t UMA be sufficient to address call reception at home?

  5. Aswath, you are correct. UMA would pump the SIP to T-Mobile’s existing switches, which are already connected to the PSTN. There is no room for Vonage’s network in the equation. On the other hand, T-Mobile might want to buy Vonage for their customers and switch them over to their own network. That kind of deal would be for

  6. Jesse, I thought UMA will continue to use CC and MM from GSM, rather than SIP? Or am I reading your comment wrongly?

    On the matter of T-Mobile buying Vonage for their customers alone, I am eminently disqualified to comment on it.

  7. Om Malik on Broadband : » Another $250 million for Vonage Sunday, December 18, 2005

    [...] By now Vonage was supposed to be on track for an IPO, that would have helped the company raise $400 to $600 million from public markets, and help fight a good fight with cable providers, phone companies and others with VoIP ambitions. Well, that (IPO) did not happen, so for now the company is going the route of raising convertible debt – a whopping $250 million – according to a report in the Wall Street Journal. [...]

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    I would like to make outgoing calls absolutely free from my PC to any mobile inside india. Kindly help me. thank u.

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