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LuisPR
Vonage Forum Master


Joined: Oct 08, 2004
Posts: 292
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Thursday July 7, 6:41 AM
AUSTRALIA PRESS: Vonage Cut-Price Call Threat To Telstra
SYDNEY (Dow Jones)--U.S. Internet telephone company Vonage plans to launch its cut-price call technology in Australia, delivering Telstra (TLS) a new competitive threat as it prepares for its full privatization, The Australian Financial Review reports Thursday.
Vonage has won more than 500,000 customers in the U.S. by undercutting giants such as AT&T Corp. (T) and aims to do the same thing in Australia. Vonage has hired an executive search firm to assemble a group of operations, finance and marketing executives to launch the company in Australia in the coming months, the newspaper says, without citing any sources.
Vonage wouldn't comment on its plan, but its entrance is expected to shake up the market and push down the price of calls, the report says. |
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