Report: Vonage in talks to sell to BellSouth

Late this afternoon, Rich Tehrani, publisher of technology news site TMCnet, reported on his blog that:

"Rumor has it that Vonage is in talks with BellSouth to sell their VoIP service company for about 3.5 billion dollars."

Tehrani added that when Vonage's 800,000 or so subscribers are factored in to the rumored price, "that values each Vonage subscriber at $4,375!"

At the dinner hour, TMCnet's Web editorial director Al Bredenburg then posted that "an inquiry sent from TMCnet to BellSouth generated a quick but definite refusal to comment on the question."

Hmm, give me the evening and early morning to think about what this might mean. Back atcha in the a.m.