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Vonage Holdings Corp. Reports Fourth Quarter and Full Year 2013 Results

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 Vonage Holdings Corp. Reports Fourth Quarter and Full Year 2010 Results

Vonage Press ReleasesCompany 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.

 Posted by vonage on Tuesday, February 15 @ 12:01:04 UTC
 (598 reads)
Read More: Vonage Holdings Corp. Reports Fourth Quarter and Full Year 2010 Results

 Carl Sparks Elected to Board of Directors of Vonage Holdings Corp.

Vonage Press ReleasesHOLMDEL, 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."

 Posted by vonage on Monday, February 14 @ 11:59:33 UTC
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Read More: Carl Sparks Elected to Board of Directors of Vonage Holdings Corp.

 Vonage Holdings Corp. Announces Date of Earnings Release and Conference Call for Fourth Quarter and Full Year 2010 Financial

Vonage Press ReleasesHOLMDEL, 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.

 Posted by vonage on Thursday, January 20 @ 11:57:50 UTC
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Read More: Vonage Holdings Corp. Announces Date of Earnings Release and Conference Call for Fourth Quarter and Full Year 2010 Financial

 Vonage Chief Executive Officer to Speak at the Citi 21st Annual Global Entertainment, Media & Telecommunications Conference

Vonage Press ReleasesHOLMDEL, 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

 Posted by vonage on Wednesday, January 05 @ 11:54:03 UTC
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Read More: Vonage Chief Executive Officer to Speak at the Citi 21st Annual Global Entertainment, Media & Telecommunications Conference

 Vonage Chief Executive Officer to Speak at the 2011 Citi Entertainment, Media & Telecommunications Conference

Vonage Press ReleasesHOLMDEL, 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.

 Posted by vonage on Monday, January 03 @ 11:52:12 UTC
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Read More: Vonage Chief Executive Officer to Speak at the 2011 Citi Entertainment, Media & Telecommunications Conference

 Vonage Mobile Application for Facebook Functionality to Invite Friends via SMS or Email Directly from an Apple Mobile Device

Vonage Press ReleasesHOLMDEL, 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.

 Posted by vonage on Monday, December 20 @ 11:35:09 UTC
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Read More: Vonage Mobile Application for Facebook Functionality to Invite Friends via SMS or Email Directly from an Apple Mobile Device

 Vonage Holdings Corp. Announces Successful Completion of Refinancing

Vonage Press ReleasesHOLMDEL, 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.

 Posted by vonage on Wednesday, December 15 @ 11:33:51 UTC
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Read More: Vonage Holdings Corp. Announces Successful Completion of Refinancing

 Vonage Spreads Holiday Cheer with Free Calls to Santa

Vonage Press ReleasesHOLMDEL, N.J., Dec. 2, 2010 /PRNewswire/ -- Vonage announced today that its service is the best way to call Santa. As we approach Santa's busiest day of the year, Vonage customers will once again be able to dial 1-700-CALL-SANTA from a Vonage home phone line and hear a message from Santa Claus. After hearing the recorded greeting, they can leave Santa their own message telling him what they'd like for Christmas! As an additional customer service, the recorded message will be sent to the account holder's e-mail address so they know exactly what their loved one wished for this year. The audio attachment can also be forwarded to other family members and friends, or even set aside as a keepsake. Starting at 5:00pm EST on December 24, callers will also be able to track Santa's whereabouts as he delivers toys around the world by dialing 1-700-CALL-SANTA so you can make sure he's on the way. For additional details on 1-700-CALL-SANTA or to sign up for Vonage, please visit www.vonage.com.

 Posted by vonage on Thursday, December 02 @ 11:32:38 UTC
 (529 reads)
Read More: Vonage Spreads Holiday Cheer with Free Calls to Santa

 Vonage Wins Computerworld Enterprise Intelligence Award for Industry Innovation

Vonage Press ReleasesHOLMDEL, N.J., Dec. 1, 2010 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of affordable communications services enabling individuals and social networks to connect through broadband devices worldwide, was named winner of the Industry Innovation award in Computerworld's third annual Enterprise Intelligence Awards. Computerworld's Enterprise Intelligence Awards Program focuses on highlighting the best implementations of information technology solutions built on Teradata platforms and partners' solutions. Chief Information Officers from a variety of businesses conducted the judging and selected the winners. Vonage won the Industry Innovation award for its development of a data warehouse in partnership with Teradata. The Vonage solution positively impacted its business by delivering analytics of Vonage's communications platform, allowing Vonage and its partners to continuously improve the quality of their customers' experience. Computerworld's awards committee stated, "Vonage receives this award for building a data warehouse with the speed and intelligence for advanced analytics, and successfully implementing it in less than one year. The system collects and processes enormous data sets -- to the tune of billions of registration records per day -- at sub-second speeds. The warehouse measures and improves overall service quality. The result? Outstanding business impact through reduced customer churn." "This award is recognition of Vonage's continual efforts to develop innovative processes and technologies that allow our company and our partners to do business more efficiently, and serve our customers better," said Vonage's Chief Executive Officer, Marc Lefar. For more information about Computerworld's Enterprise Intelligence Awards Program, please visit http://www.enterpriseintelligenceawards.com/. The Teradata PARTNERS User Group Conference & Expo is a world-class, customer-driven conference that provides the very best opportunities to learn, grow and increase data warehousing expertise. For more information, please visit http://www.teradata-partners.com/Conference. To follow Vonage on Twitter, please visit http://twitter.com/vonage and www.twitter.com/vonage_voice. To follow Vonage on Facebook, go to www.facebook.com/vonage.

 Posted by vonage on Wednesday, December 01 @ 11:31:05 UTC
 (527 reads)
Read More: Vonage Wins Computerworld Enterprise Intelligence Award for Industry Innovation

 Doorbuster Deals from Vonage Put Holiday Savings Directly in Consumers' Hands — North Florida Region

Vonage Press ReleasesHOLMDEL, N.J., November 24, 2010 /PRNewswire via COMTEX News Network/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of affordable communications services enabling individuals and social networks to connect through broadband devices worldwide, today announced that the company is brightening the holiday's most famous shopping day with additional savings. Vonage will greet holiday shoppers at select Vonage kiosk locations with an instant $50.00 gift card offer this holiday season. Starting Friday, November 26, 2010 Vonage's Black Friday promotion will kick off at the Vonage kiosk at several malls in the North Florida region: Orlando FL Mall (8001 South Orange Blossom Trail) Brandon Mall (459 Brandon Town Center) Citrus Park TC (8021 Citrus Park Town Center) Tampa Intl Plaza (2223 N. Westshore Blvd). Anyone who purchases and activates a Vonage calling plan on Black Friday through Sunday will instantly receive a gift card valued at $50.00 USD. The card can be redeemed for purchases at various shops within the malls according to the terms and conditions of the gift card. The promotion applies to new Vonage accounts along with additional lines for existing accounts, and is valid from Friday, November 26 through Sunday, November 28, 2010 or while supplies last. For more information on Vonage, please follow us on Twitter at http://twitter.com/vonage and www.twitter.com/vonage_voice. To follow Vonage on Facebook, go to www.facebook.com/vonage.

 Posted by vonage on Wednesday, November 24 @ 11:29:50 UTC
 (450 reads)
Read More: Doorbuster Deals from Vonage Put Holiday Savings Directly in Consumers' Hands — North Florida Region

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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 www.vonage.com/911 for details.

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