Media reports abounded Thursday that Vonage Holdings Corp. is taking its Internet telephony company public.
The Wall Street Journal, citing people familiar with the matter, reported that Vonage has chosen Citigroup Inc, UBS AG, Deutsche Bank AG and Bear Stearns & Co. Inc. to manage its planned initial public offering.
According to the newspaper, Vonage hopes to raise $600 million from the IPO.
When reached by xchange, Vonage would not comment.
