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On Jun 24, 2017 at 09:15:34

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On Apr 27, 2017 at 18:52:02

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On Apr 27, 2017 at 10:42:50

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On Feb 16, 2017 at 03:16:51

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 Vonage Says Sees No Pressure From Cable VoIP

Vonage In Print News

Vonage Says Sees No Pressure From Cable Telephony

May 9, 2005

By Justin Hyde

WASHINGTON (Reuters) - Internet telephone company Vonage Holdings Corp. on Monday said it had reached 650,000 lines and had seen no pressure so far from cable companies launching their own telephone services.

Privately held Vonage raised $200 million in funding last week, bringing the total venture capital raised by Vonage to $408 million.

Internet calling services such as Vonage use a technology known as voice over Internet protocol, or VOIP, to transmit phone calls in the same way Web pages and e-mail are sent over the Internet. That technology makes calls less expensive than traditional phone services, which require a dedicated circuit for each connection.

Most of Vonage's customers use cable broadband lines, as telephone companies rarely sell high-speed Internet access without telephone service. Several analysts had expected that Vonage's growth rate would fall as cable companies such as Time Warner Inc. (TWX.N: Quote, Profile, Research) and Comcast Corp. (CMCSA.O: Quote, Profile, Research) launched phone services.

But Vonage Chief Financial Officer John Rego said in an interview that Vonage's growth had not been stunted by the cable players, and Vonage was adding 15,000 lines a week.

 Posted by Vonage on Monday, May 09 @ 21:00:00 EDT
 (1649 reads)
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 Vonage, Lead By Bain Capital Raises $200 Million

Vonage In Print News

Vonage Deal Boosts VoIP

May 9, 2005

By Paul Taylor

Vonage Holdings, the leading US-based independent broadband telephony provider, has raised a further Dollars 200m in a venture capital financing round led by Bain Capital.

The latest round of financing, which closed today, brings total investment in the VoIP (Voice over Internet Protocol) pioneer to Dollars 408m.

The size of the funding and its timing underscores the financial community's confidence that consumer VoIP services have come of age, and that independent operators such as Vonage will be able to compete as they accelerate their investment in internet telephony.

Established telecoms groups such as SBC Communications have begun to roll out their own broadband VoIP services that typically cost about Dollars 30 a month and have claimed recently that there were indications that the growth of subscribers at independent internet telephony companies were showing signs of slowing.

Vonage, however, which has more than 600,000 lines in service, still claims to be adding more than 15,000 lines per week to its network. Other independent carriers including Skype, Packet 8 and Net2Phone have also reported strong growth.

 Posted by Vonage on Monday, May 09 @ 20:30:00 EDT
 (3050 reads)
Read More: Vonage, Lead By Bain Capital Raises $200 Million

 Vonage $200M VC Is Largest Since 2000

Vonage In Print News

Net Phone Venture Peaking?

May 8, 2005

By Ben Charny

How long can venture capital firms sustain their fervor for the Net phone industry?

The question's raised in light of a $200 million investment into New Jersey VoIP provider Vonage, which Vonage confirmed on Monday. To be sure, venture investors continue to pour cash into companies involved with voice over Internet Protocol, which is free software that lets an Internet connection double as a phone line.

In fact, the $200 million Vonage raise is the largest one-time venture round since 2000, according to the New Jersey-based company.

Yet, there's growing sentiment among VoIP insiders that after investing $1.6 billion into VoIP during the past four years, it's time for venture capital firms to look elsewhere to invest such large sums.

 Posted by Vonage on Monday, May 09 @ 20:00:00 EDT
 (951 reads)
Read More: Vonage $200M VC Is Largest Since 2000

 Vonage Raises $200 Million In Venture Capital

Vonage In Print News

Internet Phone Company Raises $200 Million In Venture Capital

May 7, 2005

By Matt Richtel

Vonage, the Internet telephone company, announced yesterday that it had raised $200 million in new private investment, a deal that constitutes one of the largest single rounds of venture capital financing in the last decade.

The size of the deal underscores the confidence of the lead investors, including several major Silicon Valley venture capital firms, that Vonage, a privately held company, can continue to thrive as an Internet telephone provider even as the regional Bell companies and cable providers enter the business.

The investment comes as Internet telephony, a service that allows consumers and businesses to place calls using high-speed Internet connections, is just beginning to take hold. Vonage, the leader in the field, has 650,000 subscribers and adds 15,000 subscribers a week.

 Posted by Vonage on Monday, May 09 @ 19:30:00 EDT
 (1468 reads)
Read More: Vonage Raises $200 Million In Venture Capital

 California Withdraws VoIP Regulation Appeal

Vonage In Print News

California Withdraws Voice Over Internet Protocol Appeal While Debate Regarding 911 Service May Trigger FCC Action

May 6, 2005

By Staff

The California Public Utilities Commission withdrew its appeal of the FCC’s 2004 Vonage decision preempting state regulation of Voice over Internet Protocol ("VoIP") service. The CPUC was the first state commission to appeal the FCC’s decision. In a three-to-one vote, the CPUC decided to withdraw the appeal during a closed meeting.

CPUC President Michael Peevey stated that he voted to withdraw the appeal because it was a "loser issue" and that VoIP is "obviously" an interstate service. The lone dissenter, CPUC Commissioner Geoffrey Brown, stated that the CPUC was "abdicating to the FCC the control we have in telecom." California consumer groups objected to the decision, arguing that the agency favored the communications industry over consumers. The CPUC’s decision may lead other states to withdraw their appeals, all of which were consolidated before the 9th Circuit Court of Appeals.

As reported in last month’s Bulletin, Voice over Internet protocol provider Vonage Holdings Corporation ("Vonage") has complained that incumbent local carriers are rebuffing its requests for access to selective routers that connect directly to emergency call operators that would allow Vonage to provide emergency 911 ("911") service. Some incumbents defended their position by saying they preferred to focus on industry-wide solutions. The FCC Wireline Bureau subsequently met with representatives of the Bell Operating Companies on this issue, although the staff would not comment on the meetings. It now appears that Vonage is making headway with numerous incumbent carriers.

 Posted by Vonage on Monday, May 09 @ 19:00:00 EDT
 (1064 reads)
Read More: California Withdraws VoIP Regulation Appeal

 Vonage Plans Massive UK Marketing Campaign

Vonage In Print News

US Broadband Giant Bids For Mainstream UK Reach

May 6, 2005

By Richard Cann

Vonage, North America's biggest broadband communications company, is employing a mass-market media strategy as it launches into UK high-street chains.

Vonage's broadband-delivered telephone service has been available to UK consumers since January, but the US firm is currently in negotiations with high-street consumer electronics chains to establish a retail presence by June.

It will aim to gain coverage outside the technology pages of the nationals and consumer lifestyle media, to reach a broader audience.

'This is not a product for geeks. It's a product for the general domestic market. It's a consumer product, not a computer product,' said Roger Nelson, joint MD of Nelson Bostock, which has been hired to handle PR for Vonage's entry into the UK.

 Posted by Vonage on Monday, May 09 @ 18:30:00 EDT
 (2517 reads)
Read More: Vonage Plans Massive UK Marketing Campaign

 Vonage Helps To Revive The Rocketeens "Woo Hoo" Song

Vonage In Print News

What is in The Great American Songbook?

May 6, 2005

By Jan Souther

Every so often, one of the major artists will issue an album titled (in this case), "Ella Fitzgerald sings the Great American Songbook." Those of us who have been around a while don't need to know what's in it. We don't even need to know what the great American songbook is. It's the several hundred songs that are still around, from the moment they made their debut in, most likely, a Broadway show or a Hollywood movie. Think of, "In the Still of the Night," as one example. "I'm Beginning To See The Light," as another.

You get the idea. The great songs that never lose their brilliance, that are never far from our ears. These are the songs we write about here when we do a column about commercials and the music that's used to underscore them: "Blue Skies," "As Times Goes By," "It Had To Be You," and "The Nearness of You."

But, now that I think of it, Vonage is using one of the great favorites of my later teen years, "Woo Hoo," originally performed by a Swedish band, the Rocketeens.

 Posted by Vonage on Monday, May 09 @ 18:08:53 EDT
 (10098 reads)
Read More: Vonage Helps To Revive The Rocketeens "Woo Hoo" Song

 Vonage(R) Completes $200 Million Financing Round

Vonage Press Releases

Leading Internet Phone Provider Continues to Lead the VoIP Industry and Revolutionize Telecommunications

EDISON, N.J., May 9 /PRNewswire/ -- Vonage, the leading provider of broadband phone service, today announced the closing of a $200 million financing round led by Bain Capital, with strong participation from existing investors including New Enterprise Associates (NEA), 3i, Meritech Capital Partners, Institutional Venture Partners, and existing investors. This latest round of financing brings total investment in the company to $408 million.

"Vonage is leading the telecommunications revolution, as its full-featured, cost-effective calling plans are prompting hundreds of thousands of people to drop their traditional Bell telephone service," said Jeffrey A. Citron, chairman and CEO of Vonage Holdings Corporation. "This latest round of funding will help Vonage further cement its position as the leading broadband telephony provider in North America, with further expansion and penetration into global markets."

"Voice over Internet Protocol has reached a tipping point, as mainstream consumers begin to adopt broadband telephony as a replacement for their traditional telephone service," said Michael Krupka, managing director of Bain Capital Ventures, the venture capital arm of Bain Capital. "Vonage has led the movement towards mass adoption of VoIP with its exponential growth and we look forward to helping Vonage extend its overwhelming lead as the number one player in the industry."

 Posted by Vonage on Monday, May 09 @ 09:34:11 EDT
 (3614 reads)
Read More: Vonage(R) Completes $200 Million Financing Round

 Vonage Raises $200M

Vonage In Print News

Vonage Raises $200M

May 9, 2005

By Justin Hibbard

In March, Deal Flow told you that privately held broadband phone company Vonage Holdings Corp. was raising $100 million in its fifth round of funding. Turns out the company managed to raise twice that amount. Tomorrow, Vonage will close a $200 million round led by Bain Capital with participation from the company's management and previous investors 3i Group, New Enterprise Associates, Meritech Capital, and Institutional Venture Partners.

That's the largest VC funding on record this year, according to researcher VentureOne. A source says Vonage is valued at approximately $1.1 billion after the financing. (Vonage wouldn't comment on valuation.)

Including the new round, Vonage has raised about $410 million since it was founded in 2001. Just nine months ago, it closed a $105 million round, much of which is still in the bank, says CFO John Rego. Why raise more? "Growth, growth, and more growth," Rego says.

 Posted by Vonage on Monday, May 09 @ 00:32:52 EDT
 (2559 reads)
Read More: Vonage Raises $200M

 Vonage Raises $200M In Venture Capital

Vonage In Print News

Vonage Raises $200M In Venture Capital

May 6, 2005

By Staff

Vonage Holdings Corp. said Thursday it has raised $200 million in a late-stage round of venture capital, helping strengthen the company in its bid to lead the market for voice-over-Internet telephone services.

It was the largest venture capital investment this year and made Vonage one of the most heavily venture-backed companies around.

Vonage, which is based in Edison, has now raised more than $400 million in funding, and the latest capital infusion comes just nine months after the company raised $105 million in a round led by New Enterprise Associates, which is based in Menlo Park, Calif.

This time Boston venture capital firm Bain Capital Inc. joined Vonage's group of investors, leading the round from its $250 million venture capital fund. Earlier investors New Enterprise Associates, 3i Corp., Meritech Capital Partners and Institutional Venture Partners also participated.

The round will help the Internet telephony company expand. After launching in Canada last spring and in Britain just three months ago, Vonage is making Asia Pacific its next target.

 Posted by Vonage on Monday, May 09 @ 00:20:05 EDT
 (1860 reads)
Read More: Vonage Raises $200M In Venture Capital

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†AK and HI residents pay $29.95 shipping. ††Limited time offer. Valid for residents of the United States (&DC), 18 years or older, who open new accounts. Offer good while supplies last and only on new account activations. One kit per account/household. Offer cannot be combined with any other discounts, promotions or plans and is not applicable to past purchases. Good while supplies last. Allow up to 2 weeks for shipping. Other restrictions may apply.

1Unlimited calling and other services for all residential plans are based on normal residential, personal, non-commercial use. A combination of factors is used to determine abnormal use, including but not limited to: the number of unique numbers called, calls forwarded, minutes used and other factors. Subject to our Reasonable Use Policy and Terms of Service.

2Shipping and activation fees waived with 1-year agreement. An Early Termination Fee (with periodic pro-rated reductions) applies if service is terminated before the end of the first 12 months. Additional restrictions may apply. See Terms of Service for details.

HIGH SPEED INTERNET REQUIRED. †VALID FOR NEW LINES ONLY. RATES EXCLUDE INTERNET SERVICE, SURCHARGES, FEES AND TAXES. DEVICE MAY BE REFURBISHED. If you subscribe to plans with monthly minutes allotments, all call minutes placed from both from your home and registered ExtensionsTM phones will count toward your monthly minutes allotment. ExtensionsTM calls made from mobiles use airtime and may incur surcharges, depending on your mobile plan. Alarms, TTY and other systems may not be compatible. Vonage 911 service operates differently than traditional 911. See for details.

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