Buying Vonage

Lightreading is reporting that a number of possible buyers have stepped up for Vonage and that the company has "already rejected an offer of $1.5 billion." Last week here on IP Inferno we compared Vonage to flameout Pointcast and wondered whether Jeff Citron might make the same mistake...

Lightreading speculates that Bellsouth is the most likely acquirer. Given how frequently they have been mentioned one wonders whether it is their bid for $1.5 billion that has already been rejected... Given the recent lawsuit by Sprintnextel against Vonage, another reasonable guess is that Sprint made the offer and was rejected... and is now trying to use the lawsuit to slow down Vonage's sale to another player.

With all of the speculation on Who's Going to Buy Vonage This Week it seems reasonable to expect a sale real soon now...