T-Mobile’s Latest Investment
Last week, T-Mobile invested in Jajah, which is an upstart firm that allows its customers to bypass long-distance fees by connecting via the Internet. Intel also participated in this investment. Together the companies offered up a total of $20 million in support of this new company. However, it is not known what the specific amount of money that each of these companies invested in this new company.
Jajah is a company that was founded in Austria in 2005. They emerged as the third model of Internet calling (a.k.a. Voice Over Internet Protocol or VoIP). The way that Jajah works is that users go to their web site and enter in their own telephone number, along with the number that they want to call. Jajah will then call both numbers. If both of these calls are answered, the parties will be connected to each other. As such, this could actually be considered a high-tech version of the long-distance calling card. However, many of the calls that are made through Jajah are actually free. Of course, there are some calls that will cost about 3 cents per minute. This is different from both Skype and Vonage in that these companies rely upon a broadband connection to carry the call to the outside world, whereas Jajah does not.
