- First Quarter Revenue Grows 15% to $225 Million -
- Company Generates Adjusted Operating Income(1) of $8 Million -
- 1Q08 Net Loss Narrows to $9 Million or $0.06 per Share -
- Company Announces Strategic Relationship with Covad to Deliver Vonage Broadband -

HOLMDEL, N.J., May 8, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of broadband telephone service, today announced results for the quarter ended March 31, 2008.

Revenue for the first quarter 2008 grew to a record $225 million, up 15% from $196 million in the first quarter 2007 and up 4% sequentially, driven by an increase in subscriber lines and higher average revenue per user.

May 1, 2008

By Daniel Connor

HOLMDEL, N.J., April 25, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of broadband telephone services, announced today that it has signed a non-binding letter of intent with a third party financing source to provide $215 million in a private debt financing. The Company expects that approximately two-thirds of the financing will be provided through a senior secured credit facility and approximately one-third will be provided through issuance of convertible secured notes. The letter of intent is a proposal that will be used as a basis for financing and does not constitute a commitment.

The Company intends to use the net proceeds from this financing, plus cash on hand, to repay, tender for or redeem its existing convertible notes, which can be put to the Company on December 16, 2008 and have a principal amount due of approximately $253 million. As of March 31, 2008, the Company had approximately $190 million in cash and cash equivalents of which $42 million was restricted and $148 million was unrestricted.

HOLMDEL, N.J., April 16, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of broadband telephone services, will report its financial results for the first quarter ended March 31, 2008 on Thursday May 8, 2008. The earnings release will be available on Vonage's Investor Relations website at http://ir.vonage.com.

Management will host a webcast discussion of the quarter's results on Thursday, May 8, 2008 at 10:00 AM Eastern Time. To participate, please dial (877) 419-6594 approximately ten minutes prior to the call. International callers should dial (719) 325-4932. A replay will be available approximately two hours after the conclusion of the call until midnight May 23, 2008, and may be accessed by dialing (888) 203-1112. International callers should dial (719) 457-0820. The replay passcode is: 5532664

The webcast will be broadcast live through Vonage's Investor Relations website at http://ir.vonage.com. Windows Media Player or RealPlayer is required to listen to this webcast. A replay will be available shortly after the live webcast.

HOLMDEL, N.J., March 18, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Vonage today announced that its Board of Directors has increased the size of the Board from seven to eight members and elected Jeff Misner as a new member. As a Director, Misner will serve on the Audit Committee.

"We're pleased to have Jeff join Vonage's Board and believe that his extensive financial experience will be of great value as we transition to an established, profitable enterprise," said Jeffrey Citron, Chairman, Chief Strategist and Interim CEO of Vonage.

Misner currently serves as Chief Financial Officer and Executive Vice President of Continental Airlines Inc. In this role, he is responsible for the airline's overall financial operations, including internal audit, funds, corporate finance, risk management, financial planning, tax, accounting and investor relations. Prior to Continental, Misner was a tax and business consultant, having served as a tax partner with Ernst and Young in Orange County, Calif., and with Kenneth Leventhal and Company in Newport Beach, Calif.

Misner received his bachelor's degree in accounting from San Diego State University, and currently lives in Houston with his wife and three children.

March 7, 2008

By Daniel Connor

Welcome to today's edition of the Vonage VoIP Forum Digest.. 

As for today, we are going to go straight to two Vonage Forum threads, one about the Vonage V-Portal, and another thread that has to do with a Vonage virtual number a Vonage user is trying to figure out where it came from. Then we'll check on Vonage's stock price.

March 5, 2008

By Daniel Connor

Welcome to today's edition of the Vonage VoIP Forum Digest.. 

First, some good news. Early this morning, we passed 47,000 Members on the Vonage Forum. And hey, guess what, we started the Vonage Forum exactly five years ago today!

Now as to our 47,000'th Member, that is tarabatth. Welcome to the Vonage Forum, tarabatth! We're looking forward to reading your posts!

As for today, we are going to go straight to two Vonage Forum threads, one about dropped signals, and the other thread has to do with security settings for a router used with the Vonage service. Then we'll check on Vonage's stock price.

March 3, 2008

By Daniel Connor

Welcome to today's edition of the Vonage VoIP Forum Digest.. 

As for today, we are going to go straight to two Vonage Forum threads, one seeking router recommendations, and the other thread we shall come to know about today is about a specific question about QoS (Quality of Service) Then we'll check on Vonage's stock price.

February 29, 2008

By Daniel Connor

Welcome to today's edition of the Vonage VoIP Forum Digest.. 

As for today, we are going to go straight to two Vonage Forum threads, one about the VTech phone having difficulty with the Vonage router, and another thread having to do with setting up an SSID via a Linksys router. Then we'll check on Vonage's stock price.

February 27, 2008

By Daniel Connor

Welcome to today's edition of the Vonage VoIP Forum Digest.. 

As for today, we'll first catch up with some Vonage news. Then we are going to go straight to two Vonage Forum threads, one with questions about an adapter used with Vonage and look here's another thread which deals with router resets and what information could be lost in that process. Then we'll check on Vonage's stock price.