Vonage posts a profit!
Vonage has disappeared from news after their disastrous IPO.
The VOIP Company has just posted a small profit though revenues continue to fall as subscribers flee to rival services.
The company said that the net income in the most recent quarter was around USD 1 million. The company had posted losses [...]
Vonage’s subscriber growth almost static
Vonage Holdings Corp. continues to struggle as their subscriber growth has now nearly grounded.
The company has now reported that they gained just around 2,000 lines in the second quarter of the year.
Vonage Chief Financial Officer Marc Lefar stated that they have however made progress in retaining their existing customers.
Due to [...]
Vonage to offer DSL services powered by Covad
Vonage has now announced that they would be reselling DSL services powered by Covad.
This would help them expand their services range. The company said that their packages would feature speeds of 3.0 or 6.0 megabits per second.
These services would be provided to both home users and small [...]
CRM ASP working with Vonage to expand services
Web-based CRM solutions provider CRM ASP has announced that they are now working with the VoIP Company Vonage to offer VoIP services through their platform.
Vonage’s service would now be integrated into their premium CRM platform. Customers would then get a one-click calling facility to their customers through this [...]
AT&T sues Vonage for Patent Infringement
Looks like Vonage would continue to face legal problems from rival telephony companies in the US market.
They have now been sued by the telecom giant AT&T for patent infringement.
This was revealed in a Vonage regulatory filing on Friday. The filing reveals that AT&T has filed the lawsuit seeking injunctive [...]
Sprint, Vonage settles their legal disputes
US based mobile service provider Sprint Nextel Corp has announced that they have now settled their legal disputes with VoIP service provider Vonage.
The case has been settled for around USD 80 million and it helped Vonage gain some respect back at the stock market.
Sprint has now agreed to license its [...]
