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Vonage to Showcase Philippines Unlimited Plan to Filipino Communities |
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 -- Seafood City stores in San Diego and Los Angeles to host Vonage signup events throughout March --
HOLMDEL, N.J., March 9, 2011 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of low-cost communications services connecting individuals through broadband devices worldwide, will have representatives at select Seafood City stores in San Diego and Los Angeles this month to promote the company's new Philippines Unlimited calling plan to the cities' Filipino communities. The plan offers unlimited calling to the Philippines, plus unlimited calling to the U.S., Canada and Puerto Rico(1).
This Friday, Saturday and Sunday, March 11-13, Vonage representatives will be at the Seafood City Chula Vista, Mira Mesa and National City in San Diego and the Seafood City Eagle Rock, Panorama City and Cerritos in Los Angeles from 10:00 a.m. until 6:00 p.m. Representatives will also be at stores in Carson, West Covina and North Hills in Los Angeles in coming weeks (full schedule appears below). New subscribers to the calling plan will receive a $20 Seafood City gift certificate (while supplies last).
"There are more than two million Filipinos living in the U.S., many of whom want to stay in close touch with relatives and friends in the Philippines," said Mike Tempora, senior vice president of product management for Vonage. "We created this plan so they no longer have to worry about counting minutes when calling the Philippines."
This groundbreaking plan includes unlimited calling to both landline and mobile numbers in the Philippines, as well as unlimited calling to the U.S., Canada and Puerto Rico for $65/month.
Added Tempora, "We're providing the convenient direct dial service and worry free calling that our customers desire. Now they can call family and friends without hassling with calling cards, watching the clock or paying high per-minute carrier rates."
Upcoming Seafood City Events (schedule subject to change):
March 11, 12 & 13: Chula Vista, Mira Mesa, National City, Panorama City, Eagle Rock, Cerritos
March 18, 19 & 20: Chula Vista, National City, Mira Mesa, Carson, West Covina, North Hills, Panorama City
March 25, 26 & 27: Chula Vista, National City, Carson, Panorama City, Eagle Rock, Cerritos
April 1, 2 & 3: Mira Mesa, West Covina, North Hills, Panorama City
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Posted by vonage on Wednesday, March 09 @ 11:52:17 CST
(5541 reads)
Read More: Vonage to Showcase Philippines Unlimited Plan to Filipino Communities
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Vonage Holdings Corp. to Present at the Deutsche Bank 2011 Media & Telecom Conference |
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HOLMDEL, N.J., March 2, 2011 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG) today announced that Barry Rowan, Chief Financial Officer and Chief Administrative Officer, will present at the Deutsche Bank 2011 Media & Telecom Conference on Monday, March 7, 2011 at 2:30 p.m., EST. The presentation will be held at The Breakers Hotel in Palm Beach, Florida.
A live webcast of this event may be accessed by visiting Vonage's Investor Relations website. Windows Media Player or RealPlayer is required to listen to this webcast. A replay will be available shortly after the live webcast.
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Posted by vonage on Wednesday, March 02 @ 11:51:13 CST
(161 reads)
Read More: Vonage Holdings Corp. to Present at the Deutsche Bank 2011 Media & Telecom Conference
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Vonage Launches Unlimited Calling to the Philippines |
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-- New Rate Plan Provides a Convenient, High Quality Alternative to Calling Cards --
HOLMDEL, N.J., March 1, 2011 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of low-cost communications services connecting individuals through broadband devices worldwide, today announced a new calling plan — Philippines Unlimited — offering unlimited calling to the Philippines, plus unlimited calling to the U.S., Canada and Puerto Rico(1).
"There are more than two million Filipinos living in the U.S., many of whom want to stay in close touch with relatives and friends in the Philippines," said Mike Tempora, senior vice president of product management for Vonage. "We created this plan so they no longer have to worry about counting minutes when calling the Philippines."
This groundbreaking plan includes unlimited calls to both landline and mobile numbers in the Philippines, as well as unlimited calling to the U.S., Canada and Puerto Rico for $64.99/month (plus taxes and fees).
Added Tempora, "We're providing the convenient direct dial service and worry free calling that our customers desire. Now they can make calls to family and friends without hassling with calling cards, watching the clock or paying high per-minute carrier rates."
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Posted by vonage on Tuesday, March 01 @ 11:50:03 CST
(693 reads)
Read More: Vonage Launches Unlimited Calling to the Philippines
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Vonage Holdings Corp. Reports Fourth Quarter and Full Year 2010 Results |
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Company Reports Record EBITDA and Free Cash Flow
Fourth Quarter 2010
-- Adjusted EBITDA(1) of $41 Million --
-- Net Income of $15 Million or $0.07 per Share Excluding Adjustments(2) --
-- Revenue of $218 Million --
Full Year 2010
-- Adjusted EBITDA increases 31% to $156 Million --
-- Net Income of $47 Million or $0.22 per Share Excluding Adjustments --
-- Free Cash Flow(3) of $154 Million --
-- Revenue of $885 Million --
HOLMDEL, N.J., Feb. 15, 2011 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of low-cost communications services connecting individuals through broadband devices worldwide, today announced results for the fourth quarter and full year ended December 31, 2010.
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Posted by vonage on Tuesday, February 15 @ 11:01:04 CST
(184 reads)
Read More: Vonage Holdings Corp. Reports Fourth Quarter and Full Year 2010 Results
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Carl Sparks Elected to Board of Directors of Vonage Holdings Corp. |
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HOLMDEL, N.J., Feb. 14, 2011 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of low-cost communications services connecting individuals through broadband devices worldwide, today announced that it has elected Mr. Carl Sparks to serve as a member of its Board of Directors.
Mr. Sparks is currently president of Gilt Groupe, an invitation-only online retailer of luxury products and experiences. He joined Gilt in 2009 as chief marketing officer. Prior to that, he served as general manager for Hotels.com USA and Canada. Before joining Hotels.com, Mr. Sparks was the chief marketing officer for Expedia.com, where he led brand strategy, creative development and marketing communications. Earlier in his career, Mr. Sparks served as vice president of direct business and brand at Capital One, and also served in senior marketing and strategy roles at Guinness, PepsiCo and The Boston Consulting Group. He graduated summa cum laude from Princeton University and received his MBA with Highest Distinction from Harvard University.
Vonage's Chief Executive Officer, Marc Lefar, commented, "Carl's track record for delivering innovative experiences to consumers is very impressive. With his extensive online background and brand marketing expertise, he will be a tremendous addition to our Board. We look forward to benefitting from his insights as we continue to develop new and compelling communications products for consumers worldwide."
Mr. Sparks said, "I feel privileged to join this exciting and dynamic team and look forward to working closely with Marc and the other members of the Board during the next phase of Vonage's transformation."
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Posted by vonage on Monday, February 14 @ 10:59:33 CST
(155 reads)
Read More: Carl Sparks Elected to Board of Directors of Vonage Holdings Corp.
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Vonage Holdings Corp. Announces Date of Earnings Release and Conference Call for Fourth Quarter and Full Year 2010 Financial |
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HOLMDEL, N.J., Jan. 20, 2011 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of communications services connecting individuals and social networks through broadband devices worldwide, will report its financial results for the fourth quarter and full year ended December 31, 2010 on Tuesday, February 15, 2011. 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 fourth quarter and full year 2010 results on Tuesday, February 15, 2011 at 10:00 AM Eastern Time. To participate, please dial (877) 359-9508 approximately ten minutes prior to the call. International callers should dial (224) 357-2393. A replay will be available approximately two hours after the conclusion of the call until midnight March 1, 2011, and may be accessed by dialing (800) 642-1687. International callers should dial (706) 645-9291. The replay passcode is: 38519065.
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.
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Posted by vonage on Thursday, January 20 @ 10:57:50 CST
(161 reads)
Read More: Vonage Holdings Corp. Announces Date of Earnings Release and Conference Call for Fourth Quarter and Full Year 2010 Financial
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Vonage Chief Executive Officer to Speak at the Citi 21st Annual Global Entertainment, Media & Telecommunications Conference |
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HOLMDEL, N.J., Jan. 5, 2011 /PRNewswire/ -- As previously announced on January 3, 2011, Marc Lefar, Chief Executive Officer of Vonage Holdings Corp. (NYSE: VG) will present at the Citi 21st Annual Global Entertainment, Media & Telecommunications Conference being held today. At the conference, Mr. Lefar will discuss the Company's financial and operational turnaround and review Vonage's strategy and plans for growth in 2011.
Mr. Lefar will announce the following preliminary unaudited operating and financial information for Vonage's recently completed fourth quarter 2010:
Net line additions will be 6,000, the first quarter of positive net line additions in more than two years
Churn will be 2.4%, the lowest fourth quarter churn in four years
Gross line additions will increase sequentially to 167,000
EBITDA is expected to be in the $40 million range
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Posted by vonage on Wednesday, January 05 @ 10:54:03 CST
(165 reads)
Read More: Vonage Chief Executive Officer to Speak at the Citi 21st Annual Global Entertainment, Media & Telecommunications Conference
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Vonage Chief Executive Officer to Speak at the 2011 Citi Entertainment, Media & Telecommunications Conference |
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HOLMDEL, N.J., Jan. 3, 2011 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG) today announced that its Chief Executive Officer, Marc Lefar, will present at the 2011 Citi Entertainment, Media & Telecommunications Conference to be held on Wednesday, January 5, 2011 at 11:50 a.m., MST (1:50 p.m., EST). The presentation will be held at the Arizona Biltmore in Phoenix, Arizona.
A live webcast of this event may be accessed by visiting 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.
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Posted by vonage on Monday, January 03 @ 10:52:12 CST
(174 reads)
Read More: Vonage Chief Executive Officer to Speak at the 2011 Citi Entertainment, Media & Telecommunications Conference
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Vonage Mobile Application for Facebook Functionality to Invite Friends via SMS or Email Directly from an Apple Mobile Device |
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HOLMDEL, N.J., Dec. 20, 2010 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of high-quality voice and messaging services over broadband networks, today announced the 1.2 release of the Vonage Mobile application for Facebook for iPhone®, iPod touch®, and iPad® devices.
The 1.2 upgrade allows users to easily invite their friends directly from their Apple® mobile device to download the Vonage Mobile app. Users can send invitations to device contacts via email or SMS.
"By making it even easier for users to share the Vonage Mobile application for Facebook, we're expanding the benefits of our low-cost, high-value communications experience to a wider audience," said Nick Lazzaro, Senior Vice President of Product Development and Information Technology. "We strive to develop services that allow people to communicate on their own terms, and this is a further evolution of our vision."
The Vonage Mobile application for Facebook allows users to make free mobile calls to all of their Facebook friends who have the app, anywhere in the world, directly from their friends list, with a single touch. The service works over Wi-Fi and 3G networks in most countries. Users who don't have an unlimited data plan should check with their mobile carrier to see if any data charges apply.
This 1.2 release reinforces Vonage's commitment to be the leader in low-cost communication services that connect individuals and social networks through any broadband device, worldwide.
To become a fan on Facebook, go to www.facebook.com/vonage. To follow Vonage on Twitter, please visit www.twitter.com/vonage.
iPhone, iPod touch and iPad are registered trademarks of Apple, Inc.
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Posted by vonage on Monday, December 20 @ 10:35:09 CST
(229 reads)
Read More: Vonage Mobile Application for Facebook Functionality to Invite Friends via SMS or Email Directly from an Apple Mobile Device
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Vonage Holdings Corp. Announces Successful Completion of Refinancing |
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HOLMDEL, N.J., Dec. 15, 2010 /PRNewswire-FirstCall/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of communications services, announces the successful completion of its planned refinancing. The new $200 million, five-year term loan facility provides the Company with a more efficient capital structure and is the result of the Company's solid financial and operating performance highlighted by EBITDA and free cash flow generation of $150 million over the past twelve months.
The Company completed the refinancing on December 14, 2010, replacing its first, second and third lien debt totaling $194 million which carried interest rates ranging from 16% to 20%. The new lower cost facility will be accretive to 2011 net income by approximately 45% and will reduce interest expense by $20 million from 2010 (assuming constant LIBOR).
The new loan bears interest at LIBOR plus 8%, with a LIBOR floor of 1.75%, and carries far less restrictive covenants than those under the prior facility, providing the Company with enhanced operating and financial flexibility to invest for future growth and value creation. The new facility is pre-payable at par, allowing the Company to retire debt with cash from operations at any time. Total interest expense savings from the Company's recapitalization efforts throughout the year, which include prepayment at par of $41 million in debt, totals $116 million if the loans were outstanding to maturity. Vonage exits the refinancing with a clean balance sheet, low leverage of 1.5 times debt to last twelve months EBITDA and more than $70 million in cash.
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Posted by vonage on Wednesday, December 15 @ 10:33:51 CST
(189 reads)
Read More: Vonage Holdings Corp. Announces Successful Completion of Refinancing
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