Vonage Files For $250 Million IPO, First VoIP provider to go public

Thread Rating:

0 Vote(s) - 0 Average
1
2
3
4
5

Threaded Mode | Linear Mode

Vonage Files For $250 Million IPO, First VoIP provider to go public

02-09-2006, 08:34 AM,

Post: #1

mandy Offline

Administrator

Posts: 9,932
Likes Given: 0
Likes Received: 6 in 5 posts
Joined: Feb 2011
Reputation: 0

Vonage Files For $250 Million IPO, First VoIP provider to go public

Quote:Internet phone player Vonage filed to raise $250 million in an initial public offering and named a new CEO.

The Holmdel, N.J., company tapped Mike Snyder as CEO. Snyder was president of Tyco's ADT security unit. With Snyder's arrival, founder Jeffrey Citron becomes chief strategist, where he "can dedicate his time to focusing on moving the company into new product areas, technologies, growth opportunities and employee culture," Vonage said.

full article: http://www.thestreet.com/_googlen/tech/t...67272.html

Vonage said its revenues in the first 9 months of 2005 were $174 million and it suffered a loss of $189.6 million in the same period.

« Next Oldest | Next Newest »

Possibly Related Threads…
Thread		Author	Replies	Views	Last Post
	Using: compare and filter to find voip providers	gregory	5	3,890	03-16-2010, 11:30 AM Last Post: kimgr
	VoIP Startups to Watch: SunRocket, ViaTalk, BlueNote Networks, and more...	mandy	5	4,509	03-25-2009, 06:24 AM Last Post: jrs0000
	Vonage could be forced to shut down if it loses patent dispute with Verizon	mandy	20	9,663	10-21-2007, 09:52 AM Last Post: mandy
	Using VoIP to improve Customer Care	mandy	0	2,364	02-05-2007, 09:13 AM Last Post: mandy
	VoIP adoption at the business level lags behind growth at consumer level	mandy	0	2,667	10-12-2006, 08:14 AM Last Post: mandy
	FCC to Require Internet Telephony, VoIP Users to Pay Universal Service Fee	mandy	0	2,570	06-23-2006, 09:25 AM Last Post: mandy
	VoIP Security a growing concern after Arrest of Hacker	regic	1	2,997	06-14-2006, 11:05 AM Last Post: mandy
	First there was Spam, now there is Spit	mandy	1	2,659	04-10-2006, 01:26 AM Last Post: sneakymagenta
	Vonage files complaint over Canada VoIP surcharge by Shaw	mandy	4	3,940	03-12-2006, 01:49 AM Last Post: regic
	Microsoft's Planned Free Wi-Fi VoIP Service Could Hurt Mobile Firms	mandy	0	3,117	02-20-2006, 11:58 AM Last Post: mandy

Forum Jump:

Users browsing this thread: 1 Guest(s)