Category Archives: VOIP Services, Competition/Vonage
Vonage's Q3: Trick or Treat?
Everyone's favourite whipping VoIP whipping boy, Vonage, posted third-quarter results that left a lot to be desired. Churn climbed to 2.6% from 2.3% in the second quarter, the cost of acquiring a new customer rose to $254 from $239, while … Continue reading
Vonage's New P.R. Agency: The New York Times
Nothing like the venerable New York Times to jump-start a public relations campaign. The newspaper provided Vonage with some invaluable coverage by doing an interview with chairman – and P.R. savvy – Jeff Citron. Here are the highlights: – On how he … Continue reading
Vonage by Numbers..1,2,3
So, let's do some simple number-crunching with Vonage's second-quarter results. The company posted a loss of $74.6-million, largely due to $90.1-million of marketing costs (50% more than a year earlier) amid fierce competition from the cablecos, which makes attracting customers … Continue reading
V-V-V-Vonage…D-D-Down….
Not to revel in anyone's misery but Vonage shares touched a new low of $6.93 (59% below the $17 IPO price) yesterday before closing at $7.04. It didn't help Klausner Technologies Inc. is suing for alleged patent infringement, and seeking … Continue reading
V-Phone Debuts in Canada
Vonage's V-Phone – a USB-like device that turns any laptop into a Vonage phone – makes its Canadian debut today in downtown Toronto. Vonage shares, meanwhile, closed at $7.87 yesterday after touching a new low of $7.81 – 54% below … Continue reading
Citron's Losing His Marketing Mojo
Vonage's post-IPO troubles must be weighing heavily on the shoulders of chairman and co-founder Jeff Citron. For the second time in two weeks, he gave a keynote at a conference that lacked any kind of sizzle. Brian Ward said Citron's … Continue reading
Jumpin' Off the Vonage Bandwagon
Talk about a story celebrating 20-20 hindsight: Bloomberg has a story looking at Vonage's controversial IPO, its post-IPO troubles (lawsuits, analyst downgrades. tumbling stock price, etc.) and co-founder Jeff Citron's "colourful history". Perhaps the highlight of the story is this … Continue reading
Analyst: Not too Late to Hang Up on Vonage
Veritas Research analyst Neeraj Monga has published an extensive and critical report on Vonage after some serious number crunching. Entitled “Not Too Late to Hang Up”, Monga concludes Vonage is a “sell” and its stock is worth less than $5. … Continue reading
Vonage Tumbles on VZ Lawsuit
Another day, more bad news for Vonage as Verizon has sued the VoIP service provider for patent infringment. So far today, Vonage shares have tumbled another $1.07 to $8.53 – a 50% decline from the IPO issue price of $17. … Continue reading
Vonage Continues to be Savaged
It didn't get a lot of attention but Vonage shares crashed through the $10 barrier to close at $9.60 on Friday – a 43% tumble from its IPO price. Preston Gralla savages Vonage and the fools who bought into the … Continue reading
