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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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