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 Vonage Holdings Corp. Appoints David Pearson Chief Financial Officer

Vonage Press Releases

HOLMDEL, N.J., April 26, 2013 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of communication services connecting people through cloud-connected devices worldwide, today announced the appointment of David T. Pearson as Chief Financial Officer and Treasurer, effective May 1, 2013.

Mr. Pearson joins Vonage from Deutsche Bank, where he spent more than nine years as a Managing Director and was Global Media & Telecom Group Head, building one of the top U.S. and global media and telecommunications investment banking teams. Mr. Pearson managed a large and diverse team of professionals and was responsible for all aspects of the group, including strategic planning, capital allocation, personnel, risk management and compliance, in addition to advising clients on mergers and acquisitions and capital raising.

Mr. Pearson brings more than 18 years of executive leadership experience and more than 21 years of relevant industry experience. Prior to joining Deutsche Bank, he worked at Goldman, Sachs & Co. for nine years, leaving as a Managing Director in the firm's Technology, Media & Telecommunications (TMT) practice. While at Goldman, he focused on advising major telecommunications and wireless providers and also advised on cable, broadcasting and technology transactions. During his banking career, Mr. Pearson advised on more than 30 completed M&A transactions and raised more than $50 billion of equity and debt capital for global TMT clients. Mr. Pearson started his career as a consultant at Coopers & Lybrand, where he worked on strategy, business process re-engineering and emerging market privatization projects, all within the global telecommunications industry.


 Posted by vonage on Friday, April 26 @ 13:27:16 EDT
 (390 reads)
Read More: Vonage Holdings Corp. Appoints David Pearson Chief Financial Officer

 Vonage Comments on FCC Decision to Explore Direct Access to Phone Numbers

Vonage Press Releases

HOLMDEL, N.J., April 18, 2013 /PRNewswire/ -- Vonage (NYSE: VG) released the following statement in response to the FCC's decision today to adopt a Notice of Proposed Rulemaking (NPRM) on direct access to telephone numbers for VoIP providers, and grant Vonage a limited trial of direct access to telephone numbers.

"Vonage appreciates the work of Chairman Genachowski, the Commissioners and Commission staff in preparing the Notice of Proposed Rulemaking on direct access for VoIP providers, and we thank the FCC for granting a limited trial of direct access to telephone numbers to Vonage and other VoIP providers," said Kurt Rogers, chief legal officer for Vonage.

"Direct access to telephone numbers is the future of telecommunications. It allows for lower-cost, higher-quality voice service and innovation in developing new services, which benefits consumers. The limited trial will provide real-world data to demonstrate that the technical concerns raised by some opponents are without merit. We look forward to working with the Commission in the rulemaking."


 Posted by vonage on Thursday, April 18 @ 13:19:22 EDT
 (349 reads)
Read More: Vonage Comments on FCC Decision to Explore Direct Access to Phone Numbers

 Vonage Mobile® Adds Video Calling

Vonage Press Releases

Now Vonage Mobile users can make and receive free video calls across iPhone® and Android™ platforms with anyone else who uses the app worldwide

HOLMDEL, N.J., Apr. 18, 2013 /PRNewswire/ -- Today Vonage announced that its mobile suite has become even sweeter with the addition of video calling to its free, high-definition communications app, Vonage Mobile®, for iPhone® and Android™ devices. With this new upgrade, Vonage Mobile continues to bring together the most popular features of mobile communications into one simple, holistic and multi-functional app. Users can now make free video calls over 3G/4G1 and Wi-Fi, with easy-to-navigate, face-to-face interaction with anyone else who has the app — wherever and whenever they choose.

"Vonage Mobile was created to match and exceed consumer demand for mobility, functionality and ease-of-use while offering great quality at little to no cost," said Grady Leno, vice president of product management, Mobile Services for Vonage. "With the addition of video calling, we've combined the most popular communications features into one app, giving Vonage Mobile users the ability to connect face-to-face with their family and friends anywhere in the world."


 Posted by vonage on Thursday, April 18 @ 13:01:31 EDT
 (427 reads)
Read More: Vonage Mobile® Adds Video Calling

 Vonage Holdings Corp. Announces Date of Earnings Release and Conference Call for First Quarter 2013

Vonage Press Releases

HOLMDEL, N.J., April 11, 2013 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of communications services connecting people through cloud-connected devices worldwide, will report its financial results for the first quarter 2013 on Wednesday, May 1, 2013. 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 on Wednesday, May 1, 2013 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 through May 6, 2013, and may be accessed by dialing (855) 859-2056. International callers should dial (404) 537-3406. The replay passcode is: 33064894.

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, April 11 @ 12:54:12 EDT
 (391 reads)
Read More: Vonage Holdings Corp. Announces Date of Earnings Release and Conference Call for First Quarter 2013

 Vonage Granted Four New Patents by U.S. Patent and Trademark Office

Vonage Press Releases

HOLMDEL, N.J., Feb. 19, 2013 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of communication services connecting people through cloud-connected devices worldwide, today announced that it has been granted four new patents by the United States Patent and Trademark Office. These patents relate to call rating and routing, conference calling, mobile wireless and calling card technologies.

On January 29, Vonage was granted U.S. Pat. No. 8,364,700, "Method and Apparatus for Rapid Data Access and Distribution Using Structured Identifiers." The '700 patent provides a novel algorithm for quickly and efficiently processing certain types of data structures. It has broad relevance to applications involving large databases, including telephone call rating and routing.


 Posted by vonage on Tuesday, February 19 @ 14:03:21 EST
 (1350 reads)
Read More: Vonage Granted Four New Patents by U.S. Patent and Trademark Office

 Vonage Holdings Corp. Reports Fourth Quarter and Full Year 2012 Results

Vonage Press Releases

Company Announces:
-- New $145 Million Credit Facility Providing Increased Financial Flexibility --
-- New $100 Million Share Repurchase Plan --
-- Joint Venture with Datora in Brazil --
Fourth Quarter 2012
-- Adjusted EBITDA(1) of $34 Million --
-- Net Income of $23 Million or $0.10 per Share Excluding Adjustments(2) --
-- Revenue of $214 Million --
-- Repurchased 8 Million Shares for $19 Million --
Full Year 2012
-- Adjusted EBITDA(1) of $135 Million --
-- Net Income of $84 Million or $0.37 per Share Excluding Adjustments(2) --
-- Revenue of $849 Million --
-- Repurchased 12 Million Shares for $28 Million --

HOLMDEL, N.J., Feb. 13, 2013 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of communications services connecting people through cloud-connected devices worldwide, today announced results for the fourth quarter and full year ended December 31, 2012. In addition, the Company announced three noteworthy developments including a new $145 million credit facility; a new $100 million share repurchase authorization; and its international joint venture with Datora in Brazil .

New Credit Facility

Capitalizing on the low interest rate environment and the Company's strong financial position, on February 11, 2013, Vonage entered into a new $145 million credit agreement to provide increased financial flexibility for investments in growth. The new debt agreement consists of a three-year, $70 million senior secured term loan bearing interest at LIBOR plus 3.125 percent and a $75 million revolving credit facility. The Company used $43 million of the proceeds of the term loan to retire all of the existing debt under its prior facility.

Share Repurchase Program

On February 7, 2013, Vonage's Board of Directors authorized a new $100 million share repurchase program to be concluded by the end of 2014. This new $100 million program replaces the Company's prior $50 million share repurchase program. As of February 12, 2013, Vonage had repurchased a total of 14 million shares of its common stock for $33 million under the prior repurchase program, including repurchases of 8 million shares of its common stock for $19 million during the fourth quarter and 12 million shares for $28 million for the full year 2012.

Joint Venture in Brazil with Datora

As highlighted in its press release this morning, Vonage has entered into an agreement to form a joint venture with Brazilian-based Datora Telecom to deliver communications services in Brazil. This is Vonage's second international partnership in less than one year, and follows the Company's partnership with Globe in the Philippines announced in May of 2012.

Brazil represents a substantial growth opportunity for Vonage, with 67 million total households, 17 million broadband households and more than one million expats. Founded in 1993, Datora is a diversified, licensed telecommunications provider focused on innovative voice and data solutions for carriers in Brazil and other countries around the world. Datora was the first company to operate VoIP services in Latin America, and the first telecom provider in Brazil to be issued a Mobile Virtual Network Operator (MVNO) license. The company has a significant physical presence in Brazil, with points of presence in the country's most important economic centers, and more than 200 interconnection agreements with leading carriers in the countries where it does business.


 Posted by vonage on Wednesday, February 13 @ 13:58:23 EST
 (1546 reads)
Read More: Vonage Holdings Corp. Reports Fourth Quarter and Full Year 2012 Results

 Vonage Announces Joint Venture with Datora Telecom in Brazil

Vonage Press Releases

HOLMDEL, N.J., Feb. 13, 2013 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG) today announced that it has entered into an agreement to form a joint venture with Brazilian-based Datora Telecom to deliver communications services in Brazil.

Brazil represents a substantial opportunity for Vonage and Datora, with 67 million total households, 17 million broadband households1, and more than one million expats1. Further, the Brazilian government made a commitment to invest approximately $8 billion per year between 2010 and 2013 to increase national broadband penetration in advance of the 2014 World Cup and 2016 Olympics2. As a result, the number of broadband households in Brazil is expected to grow to 40 million by 20143.


 Posted by vonage on Wednesday, February 13 @ 13:52:44 EST
 (1147 reads)
Read More: Vonage Announces Joint Venture with Datora Telecom in Brazil

 Vonage Selects New Creative and Media Agencies

Vonage Press Releases

HOLMDEL, N.J., Jan. 30, 2013 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of communications services connecting individuals through cloud-connected devices worldwide, announced today that it has selected JWT as its creative advertising agency, and Horizon Media as its media agency. JWT and Horizon will begin working for Vonage on March 1.

"Advertising is one of the most public-facing manifestations of Vonage's business strategy, and we selected JWT and Horizon after a very competitive review, in which all of the agencies showed an impressive effort and high-quality work," said Barbara Goodstein, Chief Marketing Officer of Vonage. "We are excited to partner with both agencies as we continue to develop new ways to engage consumers through personally relevant, high-impact creative coupled with media that drives efficient response."


 Posted by vonage on Wednesday, January 30 @ 13:46:18 EST
 (1000 reads)
Read More: Vonage Selects New Creative and Media Agencies

 Vonage Holdings Corp. Announces Date of Earnings Release and Conference Call for Fourth Quarter and Full Year 2012

Vonage Press Releases

HOLMDEL, N.J., Jan. 23, 2013 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of communications services connecting people through cloud-connected devices worldwide, will report its financial results for the fourth quarter and full year 2012 on Wednesday, February 13, 2013. 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 and full year results on Wednesday, February 13, 2013 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 February 19, 2013, and may be accessed by dialing (855) 859-2056. International callers should dial (404) 537-3406. The replay passcode is: 90371714.

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 Wednesday, January 23 @ 13:41:06 EST
 (965 reads)
Read More: Vonage Holdings Corp. Announces Date of Earnings Release and Conference Call for Fourth Quarter and Full Year 2012

 Steve Fisher Elected to Board of Directors of Vonage Holdings Corp.

Vonage Press Releases

HOLMDEL, N.J., Jan. 15, 2013 /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of communications services connecting people through cloud-connected devices worldwide, today announced that it has elected Steve Fisher to serve as a member of its Board of Directors.

Mr. Fisher brings valuable technology experience to the Vonage Board, including expertise in cloud computing, systems architecture and software development. He is also an inventor on 14 U.S. patents.

Mr. Fisher is currently Executive Vice President of Technology at Salesforce.com, an enterprise cloud computing company. He joined Salesforce.com in 2004 where he has held several leadership positions including Senior Vice President of Platform Product Management and Vice President, Engineering. Prior to that, Mr. Fisher served as Architect, AT&T Labs, Inc. from 2001 through 2004. Earlier, he was Founder, President and Chief Executive Officer of NotifyMe Networks, Inc., and served at Apple Computer, Inc., as Department Manager, Internet Products Group. Mr. Fisher received an M.S. in Computer Science and a B.S. in Mathematical and Computational Science from Stanford University.


 Posted by vonage on Tuesday, January 15 @ 13:35:56 EST
 (1114 reads)
Read More: Steve Fisher Elected to Board of Directors of Vonage Holdings Corp.

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