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mobster75
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PostPosted: Thu Apr 12, 2007 5:35 pm    Post subject: It's on the wall.... Reply with quote Back to top

Time to face facts folks, Vonage is done for at some point in the next 6 months or so.

Here's a snippet from thestreet.com today:

Meanwhile, the company said that it expects to post first-quarter revenue of $195 million. Analysts project revenue of $197 million. Vonage also announced plans to cut annual expenses by about $140 million. The bulk of the reduction will occur in marketing expenses, but the company also plans to reduce expenses through consolidation of operations and job cuts.

So... if you thought service wasn't so great before, what's it going to be like with even less people staffed and more multitasking?

Just today, the service has been rather odd so it makes me wonder what is going on at Vonage.. I've had my main line LED go off and on maybe 5 or 6 times today while I was home and noticed. My fax line has stopped receiving any calls off and on giving a "The number you are calling has not been provisioned yet" Each time I think "Is that Verizon cutting off Vonage's interconnect?".

It's been a fun 2 years, but it's time to bail... Already filled out my LNP today, hopefully Vonage won't drag it out..

Good luck to you all! I still hate Verizon....
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VoyN3
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PostPosted: Thu Apr 12, 2007 11:07 pm    Post subject: Reply with quote Back to top

Vonage is dead...
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nicegurl
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PostPosted: Fri Apr 13, 2007 4:37 pm    Post subject: Reply with quote Back to top

case like this is not enough to put out a great company like Vonage.
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navydavy2001
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PostPosted: Fri Apr 13, 2007 5:32 pm    Post subject: Reply with quote Back to top

nicegurl wrote:
case like this is not enough to put out a great company like Vonage.


May be not directly, but we've seen the effect on the stock price, CEO leaving, cutbacks in jobs, etc etc. Youi can't tell me it's not taking a toll. Besides, sometimes the best way to take out an opponent is not by stabbing them in the chest with a knife, but by 1000 tiny cuts.

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sheezhot
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PostPosted: Fri Apr 13, 2007 6:02 pm    Post subject: Reply with quote Back to top

Just proves how threatened they are with Vonage I guess. But it's not over yet nice gurl. You won't lose your service maybe just have some other company take over what Vonage started.



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nicegurl
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PostPosted: Fri Apr 13, 2007 6:16 pm    Post subject: Reply with quote Back to top

Quote:
May be not directly, but we've seen the effect on the stock price, CEO leaving, cutbacks in jobs, etc etc. Youi can't tell me it's not taking a toll. Besides, sometimes the best way to take out an opponent is not by stabbing them in the chest with a knife, but by 1000 tiny cuts.


With the CEO stepping down, there are just some people who cant stand in the middle of the battle and maybe whats happening is just too much for him. of course its taking a toll..i just cant imagine for those employees if the news was correct that Vonage is ramping down but the most important thing is...no matter how hard their opponent fight to bring them down..vonage can still manage to stand tall and continue providing great service.
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navydavy2001
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PostPosted: Sat Apr 14, 2007 7:52 am    Post subject: Reply with quote Back to top

nicegurl wrote:
the most important thing is...no matter how hard their opponent fight to bring them down..vonage can still manage to stand tall and continue providing great service.


I don't know. The opponent has a vast, maybe never-ending, amount of resources to throw behind legal wrangling, which Vonage does not have. I fear for Vonage because Verizon is a 3-headed, fire-breathing monster, sitting on bags and bags of cash, and they won't give in until Vonage is either dead or acquired.

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maryjane
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Joined: Dec 22, 2005
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PostPosted: Sat Apr 14, 2007 4:48 pm    Post subject: Reply with quote Back to top

bummer , I'm sticking in until the end. Unless my Voip service becomes unstable. Just can't beat the price.

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nicegurl
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PostPosted: Sat Apr 14, 2007 10:37 pm    Post subject: Reply with quote Back to top

The opponent has a vast, maybe never-ending, amount of resources to throw behind legal wrangling, which Vonage does not have. I fear for Vonage because Verizon is a 3-headed, fire-breathing monster, sitting on bags and bags of cash, and they won't give in until Vonage is either dead or acquired.
Quote:


You're right bout that...sometimes its amazing how far one company would go if they feel threatened. If Verizon is as big as what it seems..why feel threatened with a Voip service provider like Vonage?
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noct
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PostPosted: Sun Apr 15, 2007 10:52 am    Post subject: Reply with quote Back to top

I don't think the CEO leaving was entirely Snyder's decision... Sounds like the other execs put some pressure on him.

According to some finance websites, and wikipedia, there were some people let go, but this would have to pertain to people actually in the company, this wouldn't affect outsourced locations. I don't think phone support will change that much.
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