T-Online invests in VoIP
May 29, 2007
Deutsche Telekom’s investment arm, T-Online Venture Fund, announced an investment in internet telephony player, Jajah on Tuesday.T-Online’s venture is part of a $20m investment round in the VoIP service provider, co-led by Intel.”The agreement is unprecedented. Jajah is the first Voice 2.0 Company to receive this level of industry validation and support. The long-term implications can’t be understated,” said Roman Scharf, Jajah cofounder.Deutsche Telekom said it expects to bring Jajah-based web embedded solutions to consumer and business customers as a result of the partnership.”The communication landscape is rapidly evolving”, said Andreas Kindt, chairman of the investment committee of T-Online Venture Fund and member of T-Com management board for IT. “By investing into companies like Jajah, we will be able to continue to bring users around the world the innovative solutions they are looking for. The investment aligns perfectly with our strategy of “Focus, fix and grow” while staying at the forefront of communication innovation.”Jajah has more than 2 million users in 55 countries.
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