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Post new topic   Reply to topic  Vonage® VoIP Forum - Vonage News, Reviews And Discussion » Vonage Stock
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DentalRep
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Posts: 85

PostPosted: Thu Aug 09, 2007 1:36 pm    Post subject: Vonage Subscriber Recruitment Stalls Reply with quote Back to top

Vonage Subscriber Recruitment Stalls
By PETER SVENSSON, AP Technology Writer

Thu Aug 9, 6:53 AM

NEW YORK - Internet telephone company Vonage Holdings Corp. on Thursday reported a much reduced loss for the second quarter as it scaled back marketing, but it also saw a drastic drop in new subscribers.

The drop in recruitment means that Vonage is no longer the country's largest provider of Internet-based telephone service, a field it pioneered. Cable company Comcast Corp. reported 3 million digital phone subscribers at the end of the second quarter, surpassing Vonage's 2.45 million, an increase of just 57,000 lines from the first quarter. Question

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DigitalVoice
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Joined: Dec 14, 2004
Posts: 162
Location: Phoenix

PostPosted: Thu Aug 09, 2007 3:09 pm    Post subject: Reply with quote Back to top

Headlines:

Monthly cancellation (churn rate) has increased...

New subscribers rate decelerating...

Market share down to 20%...

Stock up almost 9% today. Rolling Eyes
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ok
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Posts: 47

PostPosted: Thu Dec 13, 2007 4:00 am    Post subject: Reply with quote Back to top

DigitalVoice wrote:
Headlines:

Monthly cancellation (churn rate) has increased...

New subscribers rate decelerating...

Market share down to 20%...

Stock up almost 9% today. Rolling Eyes


Hmm..... Eek

This is expected and looks like it will get worse ........
The tripple play from Teclo/Cable companies have made it expensive for subscribers to use ITSPs like Vonage. Moreover, ITSPs haven't done much to distinguish the service or user expereince. There is only so much that 24.99 and catchy commercials can do. Unless they come up something Idea that can get get the ordinary user excited about which becomes indispensable feature/habit, you should keep your hopes low.

Goodluck with your stock Exclamation
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fanninja
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Joined: Jun 01, 2006
Posts: 75

PostPosted: Wed Jul 30, 2008 1:25 pm    Post subject: Reply with quote Back to top

and for anyone that still owns VG shares (Dan?)...

http://www.fool.com/investing/general/2008/07/30/vonage-will-burn-your-portfolio.aspx
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DigitalVoice
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Joined: Dec 14, 2004
Posts: 162
Location: Phoenix

PostPosted: Thu Jul 31, 2008 11:02 pm    Post subject: Reply with quote Back to top

fanninja...

Ever wondered what hapened to smart?
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fanninja
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Joined: Jun 01, 2006
Posts: 75

PostPosted: Mon Aug 04, 2008 9:27 am    Post subject: Reply with quote Back to top

ah yes. And don't forget malves, who promised that "something big" was going to happen and anyone selling their shares was a fool.
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fanninja
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Joined: Jun 01, 2006
Posts: 75

PostPosted: Fri Aug 08, 2008 12:47 pm    Post subject: Reply with quote Back to top

Wow... only 2,000 net new customers added in Q2'08. That's beyond terrible.

http://biz.yahoo.com/ap/080807/apfn_earns_vonage.html?.v=2
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