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 Vonage Chief Financial Officer to Speak at the Citi 19th Annual Global Entertainment, Media and Telecommunications Conference

Vonage Press Releases

HOLMDEL, N.J., Jan 05, 2009 /PRNewswire-FirstCall via COMTEX News Network/ --

Vonage Holdings Corp. (NYSE: VG) today announced that its Chief Financial Officer, John S. Rego, will speak at the Citi 19th Annual Global Entertainment, Media and Telecommunications Conference on Thursday, January 8, 2009 at 11:05 AM MT (1:05 PM ET). The event 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.

About Vonage

Vonage (NYSE: VG) is a leading provider of broadband telephone services with more than 2.6 million subscriber lines. Our award-winning technology enables anyone to make and receive phone calls with a touch tone telephone almost anywhere a broadband Internet connection is available. We offer feature-rich and cost-effective communication services that offer users an experience similar to traditional telephone services.


 Posted by vonage on Monday, January 05 @ 01:24:50 UTC
 (505 reads)
Read More: Vonage Chief Financial Officer to Speak at the Citi 19th Annual Global Entertainment, Media and Telecommunications Conference

 Vonage Lets Kids Call Santa for Free This Holiday Season

Vonage Press Releases

HOLMDEL, N.J., Dec 11, 2008 /PRNewswire-FirstCall via COMTEX News Network/ --

In an effort to spread holiday cheer, Vonage recently announced that throughout the holiday season, its customers will be able to once again dial 1-700-CALLSANTA from a Vonage phone line and hear a recorded greeting from Santa Claus. After hearing the message, they will be able to leave Santa a message telling him what they want 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 child asked Santa to bring them. The audio attachment can be forwarded to other family members and friends, or even set aside as a keepsake.

Starting at 5:00pm EST on December 24, callers can track Santa's whereabouts as he delivers toys around the world by dialing 1-700-CALLSANTA.

For additional details on 1-700-CALLSANTA or to sign up for Vonage, please visit www.vonage.com.


 Posted by vonage on Thursday, December 11 @ 20:31:35 UTC
 (475 reads)
Read More: Vonage Lets Kids Call Santa for Free This Holiday Season

 Vonage Holdings Corp. Reports Third Quarter 2008 Results

Vonage Press Releases

- Company Reports Fourth Consecutive Quarter of Positive Adjusted Operating Income(1) -
- GAAP Net Loss of $8 Million or $0.05 per Share -
- Debt Refinancing Complete -

HOLMDEL, N.J., Nov 06, 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 September 30, 2008.

For the third quarter of 2008, adjusted operating income(1) was $15 million, an increase from an adjusted operating loss excluding certain charges(1) of $1 million in the year-ago quarter and adjusted operating income of $12 million sequentially. The Company reported a GAAP net loss of $8 million or $0.05 per share, compared to a net loss excluding certain charges(2) of $12 million or $0.08 per share reported in the third quarter 2007.

Revenue for the third quarter 2008 grew to $226 million, up 7% from $211 million in the third quarter 2007 driven by an increase in average revenue per line and subscriber lines. Revenue declined 1% sequentially from $228 million.

Vonage added 9,500 net subscriber lines in the third quarter 2008 and finished the quarter with more than 2.6 million lines in service.


 Posted by vonage on Thursday, November 06 @ 20:29:40 UTC
 (480 reads)
Read More: Vonage Holdings Corp. Reports Third Quarter 2008 Results

 Vonage Holdings Corp. Announces Completion of Refinancing of Existing Convertible Debt

Vonage Press Releases

HOLMDEL, N.J., Nov 03, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of broadband telephone service, announced today that it has completed the refinancing of its outstanding 5.0% Senior Unsecured Convertible Notes due 2010 (the "old notes"). The Company repurchased the old notes pursuant to a tender offer, which expired at noon, New York City time, on November 3, 2008. In order to repurchase the old notes, the Company used net proceeds from a new financing consisting of a $130.3 million senior secured first lien credit facility, a $72.0 million senior secured second lien credit facility and $18.0 million of new senior secured third lien notes plus cash on hand.

John Rego, Vonage Chief Financial Officer said, "We are pleased to complete this final step in the refinancing of our convertible debt. The financial stability provided from this funding, coupled with the Company's ability to generate cash from operations will enable Vonage to invest in future growth."


 Posted by vonage on Monday, November 03 @ 20:27:11 UTC
 (490 reads)
Read More: Vonage Holdings Corp. Announces Completion of Refinancing of Existing Convertible Debt

 Vonage Holdings Corp. Receives Continued Listing Standards Notice from the NYSE

Vonage Press Releases

HOLMDEL, N.J., Oct 30, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Vonage Holdings Corp. (NYSE: VG) (the "Company") announced today that on October 24, 2008 the Company received notification from the New York Stock Exchange (the "NYSE") that the Company had fallen below the continued listing standard, which requires a minimum average closing price of $1.00 per share over 30 consecutive trading days.

The Company has a period of six months, subject to possible extension, to bring its average share price back above $1.00. Under the NYSE rules, the Company's common stock will continue to be listed on the NYSE during the cure period, subject to the Company's compliance with other NYSE continued listing requirements. The Company plans to notify the NYSE that it intends to cure the deficiency.

The Company's business operations, Securities and Exchange Commission reporting requirements, credit agreements and other debt obligations are unaffected by this notification.


 Posted by vonage on Thursday, October 30 @ 20:25:29 UTC
 (442 reads)
Read More: Vonage Holdings Corp. Receives Continued Listing Standards Notice from the NYSE

 Vonage Holdings Corp. Announces Waiver of Financing Condition Under its Tender Offer

Vonage Press Releases

HOLMDEL, N.J., Oct 24, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Vonage Holdings Corp. (NYSE: VG) announced today that it has waived the financing condition of its tender offer, thus taking one more step toward completing the refinancing of its outstanding 5.0% Senior Unsecured Convertible Notes due 2010 (the "Notes").

As previously announced on October 20, 2008, Vonage has signed definitive agreements for a new financing. Vonage currently expects to use the proceeds from this financing to purchase the Notes upon the expiration of the tender offer, which will occur at noon, New York City time, on November 3, 2008, unless further extended or earlier terminated. The receipt of financing was a condition to the tender offer, and Vonage is now amending the tender offer to waive that condition.

Miller Buckfire & Co., LLC is acting as Dealer Manager and D.F. King & Co., Inc. is acting as the Information Agent in connection with the offer.

American Stock Transfer & Trust Company, LLC is the Depositary for the offer.


 Posted by vonage on Friday, October 24 @ 20:22:49 UTC
 (637 reads)
Read More: Vonage Holdings Corp. Announces Waiver of Financing Condition Under its Tender Offer

 Vonage Expands Its Portfolio With Additional Technology Patent

Vonage Press Releases

HOLMDEL, N.J., Oct 23, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- - The invention enables use of VoIP across a wide range of residential routers -

Vonage, a leading provider of digital phone services, announced today that it was recently granted approval by the U.S. Patent and Trademark Office for an internally developed patent, called "Method and Apparatus for Enhanced Internet Telephony." The invention, which was filed for patent in 2003, makes it less likely for customers to encounter dropped calls, incomplete attempted calls or other communication problems resulting from typical router function and behavior.

"This is an exciting moment for Vonage as we continue to expand our patent portfolio to help create a more reliable calling experience for our customers," said Louis Mamakos, Chief Technology Officer and Executive Vice President. "This patent further reflects the depth of talent and creativity we have here at Vonage."

The patent -- No. 7,417,981 -- pertains to improvements in Internet telephony where Network Address Translation (NAT) is required. The patent addresses the issue of a router losing an outbound port during an Internet telephone connection. To avoid the router timing out and closing the outbound port, the patent causes the media terminal adapter to send an outbound message to the Internet telephony regional data center.


 Posted by vonage on Thursday, October 23 @ 20:20:44 UTC
 (465 reads)
Read More: Vonage Expands Its Portfolio With Additional Technology Patent

 Vonage Holdings Corp. Announces Amendment to Financing Condition to Tender Offer

Vonage Press Releases

HOLMDEL, N.J., Oct 21, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Vonage Holdings Corp. (NYSE: VG) announced today that it has amended the financing condition to its previously announced offer to purchase for cash any and all of its outstanding 5.0% Senior Unsecured Convertible Notes due 2010 (the "Notes").

As previously announced on October 20, 2008, Vonage has signed the definitive agreements to refinance its convertible debt. The agreed upon financing consists of a $130.3 million senior secured first lien credit facility, a $72.0 million senior secured second lien credit facility and the sale of $18.0 million of senior secured third lien convertible notes. The financing condition has been amended such that the offer is conditioned upon the receipt of such financing.

Full details of the terms and conditions of the offer are included in Vonage's Offer to Purchase dated July 30, 2008, as amended (the "Offer to Purchase"). The offer remains subject to certain other conditions specified in the Offer to Purchase and except as described in this press release, the terms of the offer remain the same as set forth in the Offer to Purchase.

Miller Buckfire & Co., LLC is acting as Dealer Manager and D.F. King & Co., Inc. is acting as the Information Agent in connection with the offer.


 Posted by vonage on Tuesday, October 21 @ 20:18:44 UTC
 (597 reads)
Read More: Vonage Holdings Corp. Announces Amendment to Financing Condition to Tender Offer

 Vonage Holdings Corp. Announces Date of Earnings Release and Conference Call for Third Quarter 2008 Financial Results

Vonage Press Releases

HOLMDEL, N.J., Oct 21, 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 third quarter ended September 30, 2008 on Thursday, November 6, 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, November 6, 2008 at 10:00 AM Eastern Time. To participate, please dial (877) 856-1955 approximately ten minutes prior to the call. International callers should dial (719) 325-4810. A replay will be available approximately two hours after the conclusion of the call until midnight November 20, 2008, and may be accessed by dialing (888) 203-1112. International callers should dial (719) 457-0820. The replay passcode is: 2267496.

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 Tuesday, October 21 @ 20:16:17 UTC
 (471 reads)
Read More: Vonage Holdings Corp. Announces Date of Earnings Release and Conference Call for Third Quarter 2008 Financial Results

 Vonage Holdings Corp. Announces Definitive Agreement to Refinance Its Convertible Debt

Vonage Press Releases

HOLMDEL, N.J., Oct. 20 /PRNewswire-FirstCall/ -- Vonage Holdings Corp. VG, a leading provider of broadband telephone service, today announced it has signed the definitive agreements to refinance its convertible debt. The agreed upon financing consists of a $130.3 million senior secured first lien credit facility, a $72.0 million senior secured second lien credit facility and the sale of $18.0 million of senior secured third lien convertible notes.

The lenders under the first and second lien senior facility and the purchasers of the convertible notes will be Silver Point Finance, LLC, certain of its affiliates, other third party lenders and affiliates of Vonage. The Company will use the net proceeds of the financing, plus cash on hand, to repurchase up to $253.5 million of its existing convertible notes in a tender offer that the Company commenced on July 30, 2008.


 Posted by vonage on Monday, October 20 @ 20:14:03 UTC
 (665 reads)
Read More: Vonage Holdings Corp. Announces Definitive Agreement to Refinance Its Convertible Debt

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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 www.vonage.com/911 for details.

** Certain call types excluded.

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