 |
 | Vonage Forum Menu |
| | |
| Vonage Forums |
|
|
| | | |
| Vonage In The News |
| | |
| Vonage Customer Reviews |
| | |
| |
 |
CFO Rego: Vonage Is Not Stunted By Cable VoIP |
|
 
No Competition
May 9, 2005
By David Cohn and AP
Vonage said it had reached 650,000 lines and had seen no pressure so far from cable companies launching their own telephone services.
Privately held Vonage raised $200 million in funding last week, bringing the total venture capital raised by Vonage to $408 million.
Internet calling services such as Vonage use a technology known as voice over internet protocol, or VOIP, to transmit phone calls in the same way web pages and e-mail are sent over the internet.
Most of Vonage's customers use cable broadband lines, since telephone companies rarely sell high-speed internet access without telephone service. Several analysts had expected that Vonage's growth rate would fall as cable companies such as Time Warner and Comcast launched phone services.
|
|
|
Posted by Vonage on Tuesday, May 10 @ 00:30:00 CDT
(705 reads)
Read More: CFO Rego: Vonage Is Not Stunted By Cable VoIP
|
|
|
|
|
Vonage CFO: No IPO In The Near Future |
|
Vonage: No IPO Plans
The VoIP Provider Will Use $200 Million From A Private Security Sale To Support Its Growth
May 9, 2005
By Katie Fehrenbacher
Vonage said Monday it has no plans for a public offering this year following the $200-million private financing round announced last week.
“Raising money in the private market is a lot more efficient use of management time,” CFO John Rego said in an interview. “This is a critical time for the company and we are building an exploding business right now. We need to be focused on that.”
Analysts have speculated for months about a possible IPO this year. But Mr. Rego said “the company doesn’t feel a compelling need to be a public company right now. Like everything else, there are pluses and minuses. We are happy to be doing it this way.”
The fund involving 22 investors was disclosed in an SEC filing last week. It is one of the biggest private financings for a technology company since the bubble burst five years ago and brings Vonage’s total funding to $408 million. The company plans to use the funds to fuel its rapid growth in the nascent VoIP market.
|
|
|
Posted by Vonage on Tuesday, May 10 @ 00:00:00 CDT
(934 reads)
Read More: Vonage CFO: No IPO In The Near Future
|
|
|
|
|
Vonage Nets $200M In VC Funding |
|
Vonage Nabs $200m VC
May 9, 2005
By Rhonda Ascierto
In the biggest venture capital deal so far this year, Vonage Holdings Corp will raise $200m in equity funding, fuelling speculation over the future of the leading VoIP seller.
Vonage will sell $200m worth of convertible securities to 22 investors, according to a filing with the U.S. Securities and Exchange Commission. Ontario, Canada-based Vonage declined comment on the filing.
Vonage investor Sandy Miller, managing director of 3i Technologies LP, said the money is to "fuel growth and defend the company's leading position." Vonage will use its newfound wealth to target SME markets, develop new products and expand in both Europe and Asia, Miller said.
New investor Baird and Co joined existing investors 3i, NEA Enterprise Associates and Meritech Capital Partners in the new funding round.
Miller said the funding was not in response to the increasingly competitive landscape Vonage treks. "We really haven't felt pressure from competitors curtailing our growth in any way," said Miller, who also sits on Vonage's board. His Menlo Park, California-based firm first invested in Vonage in January 2004, when it led Vonage's second VC round.
|
|
|
Posted by Vonage on Monday, May 09 @ 23:30:00 CDT
(1760 reads)
Read More: Vonage Nets $200M In VC Funding
|
|
|
|
|
Vonage Rings Up $200M Investment |
|
Vonage Rings Up $200m Investment
May 9, 2005
By Tim Richardson
Vonage - the broadband telephony outfit - is to ramp up its services in the US, Canada and the UK after securing an extra $200m (£106m) in funding to pump into its business.
Bain Capital joined New Enterprise Associates (NEA), 3i, Meritech Capital Partners and Institutional Venture Partners, among others, to raise the cash bringing the total investment into the company to $408m (£217m). As well as helping Vonage to expand its service in existing markets, it will also look to break into new territories. The cash will also be used to fund the development of even whizzier broadband services.
Said Vonage boss Jeffrey Citron: "This latest round of funding will help Vonage further cement its position as the leading broadband telephony provider in North America, with further expansion and penetration into global markets."
|
|
|
Posted by Vonage on Monday, May 09 @ 23:00:00 CDT
(1008 reads)
Read More: Vonage Rings Up $200M Investment
|
|
|
|
|
VC's Pledge $200M To Vonage |
|
Vonage Raises $200M From VC
May 9, 2005
By Stephen Taub,
The largest venture-capital investment this year nearly doubles the $108 million raised in February by anti-spyware company Webroot Software.
Is the venture capital market becoming more hospitable to technology and telecommunications companies? Possibly.
Vonage Holdings Corp., which offers voice over Internet protocol (VoIP) telephone service, announced that it raised $200 million in a late-stage round of venture capital, according to the Associated Press. This is the largest venture-capital investment this year, the wire service added, surpassing the $108 million raised in February by anti-spyware company Webroot Software Inc.
|
|
|
Posted by Vonage on Monday, May 09 @ 22:30:00 CDT
(1621 reads)
Read More: VC's Pledge $200M To Vonage
|
|
|
|
|
Vonage Says Sees No Pressure From Cable VoIP |
|
Vonage Says Sees No Pressure From Cable Telephony
May 9, 2005
By Justin Hyde
WASHINGTON (Reuters) - Internet telephone company Vonage Holdings Corp. on Monday said it had reached 650,000 lines and had seen no pressure so far from cable companies launching their own telephone services.
Privately held Vonage raised $200 million in funding last week, bringing the total venture capital raised by Vonage to $408 million.
Internet calling services such as Vonage use a technology known as voice over Internet protocol, or VOIP, to transmit phone calls in the same way Web pages and e-mail are sent over the Internet. That technology makes calls less expensive than traditional phone services, which require a dedicated circuit for each connection.
Most of Vonage's customers use cable broadband lines, as telephone companies rarely sell high-speed Internet access without telephone service. Several analysts had expected that Vonage's growth rate would fall as cable companies such as Time Warner Inc. (TWX.N: Quote, Profile, Research) and Comcast Corp. (CMCSA.O: Quote, Profile, Research) launched phone services.
But Vonage Chief Financial Officer John Rego said in an interview that Vonage's growth had not been stunted by the cable players, and Vonage was adding 15,000 lines a week.
|
|
|
Posted by Vonage on Monday, May 09 @ 22:00:00 CDT
(893 reads)
Read More: Vonage Says Sees No Pressure From Cable VoIP
|
|
|
|
|
Vonage, Lead By Bain Capital Raises $200 Million |
|
Vonage Deal Boosts VoIP
May 9, 2005
By Paul Taylor
Vonage Holdings, the leading US-based independent broadband telephony provider, has raised a further Dollars 200m in a venture capital financing round led by Bain Capital.
The latest round of financing, which closed today, brings total investment in the VoIP (Voice over Internet Protocol) pioneer to Dollars 408m.
The size of the funding and its timing underscores the financial community's confidence that consumer VoIP services have come of age, and that independent operators such as Vonage will be able to compete as they accelerate their investment in internet telephony.
Established telecoms groups such as SBC Communications have begun to roll out their own broadband VoIP services that typically cost about Dollars 30 a month and have claimed recently that there were indications that the growth of subscribers at independent internet telephony companies were showing signs of slowing.
Vonage, however, which has more than 600,000 lines in service, still claims to be adding more than 15,000 lines per week to its network. Other independent carriers including Skype, Packet 8 and Net2Phone have also reported strong growth.
|
|
|
Posted by Vonage on Monday, May 09 @ 21:30:00 CDT
(2205 reads)
Read More: Vonage, Lead By Bain Capital Raises $200 Million
|
|
|
|
|
Vonage $200M VC Is Largest Since 2000 |
|
Net Phone Venture Peaking?
May 8, 2005
By Ben Charny
How long can venture capital firms sustain their fervor for the Net phone industry?
The question's raised in light of a $200 million investment into New Jersey VoIP provider Vonage, which Vonage confirmed on Monday. To be sure, venture investors continue to pour cash into companies involved with voice over Internet Protocol, which is free software that lets an Internet connection double as a phone line.
In fact, the $200 million Vonage raise is the largest one-time venture round since 2000, according to the New Jersey-based company.
Yet, there's growing sentiment among VoIP insiders that after investing $1.6 billion into VoIP during the past four years, it's time for venture capital firms to look elsewhere to invest such large sums.
|
|
|
Posted by Vonage on Monday, May 09 @ 21:00:00 CDT
(587 reads)
Read More: Vonage $200M VC Is Largest Since 2000
|
|
|
|
|
Vonage Raises $200 Million In Venture Capital |
|
Internet Phone Company Raises $200 Million In Venture Capital
May 7, 2005
By Matt Richtel
Vonage, the Internet telephone company, announced yesterday that it had raised $200 million in new private investment, a deal that constitutes one of the largest single rounds of venture capital financing in the last decade.
The size of the deal underscores the confidence of the lead investors, including several major Silicon Valley venture capital firms, that Vonage, a privately held company, can continue to thrive as an Internet telephone provider even as the regional Bell companies and cable providers enter the business.
The investment comes as Internet telephony, a service that allows consumers and businesses to place calls using high-speed Internet connections, is just beginning to take hold. Vonage, the leader in the field, has 650,000 subscribers and adds 15,000 subscribers a week.
|
|
|
Posted by Vonage on Monday, May 09 @ 20:30:00 CDT
(1001 reads)
Read More: Vonage Raises $200 Million In Venture Capital
|
|
|
|
|
California Withdraws VoIP Regulation Appeal |
|
California Withdraws Voice Over Internet Protocol Appeal While Debate Regarding 911 Service May Trigger FCC Action
May 6, 2005
By Staff
The California Public Utilities Commission withdrew its appeal of the FCC’s 2004 Vonage decision preempting state regulation of Voice over Internet Protocol ("VoIP") service. The CPUC was the first state commission to appeal the FCC’s decision. In a three-to-one vote, the CPUC decided to withdraw the appeal during a closed meeting.
CPUC President Michael Peevey stated that he voted to withdraw the appeal because it was a "loser issue" and that VoIP is "obviously" an interstate service. The lone dissenter, CPUC Commissioner Geoffrey Brown, stated that the CPUC was "abdicating to the FCC the control we have in telecom." California consumer groups objected to the decision, arguing that the agency favored the communications industry over consumers. The CPUC’s decision may lead other states to withdraw their appeals, all of which were consolidated before the 9th Circuit Court of Appeals.
As reported in last month’s Bulletin, Voice over Internet protocol provider Vonage Holdings Corporation ("Vonage") has complained that incumbent local carriers are rebuffing its requests for access to selective routers that connect directly to emergency call operators that would allow Vonage to provide emergency 911 ("911") service. Some incumbents defended their position by saying they preferred to focus on industry-wide solutions. The FCC Wireline Bureau subsequently met with representatives of the Bell Operating Companies on this issue, although the staff would not comment on the meetings. It now appears that Vonage is making headway with numerous incumbent carriers.
|
|
|
Posted by Vonage on Monday, May 09 @ 20:00:00 CDT
(722 reads)
Read More: California Withdraws VoIP Regulation Appeal
|
|
|
|
All Vonage News Stories (2037 stories on 204 pages)
[ 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 ] |
|
|
| |
| Vonage Service Plans |
| | |
| Vonage VoIP Members |
| | |
| Vonage Stock Price |
|
Value: 2.92
Change:  +0.17
Up to 15 Minute Delay | | | |
| Site Search |
| | |
|
|
Vonage VoIP Phone Service is redefining communications by offering consumers
& small business VoIP Internet phones, an affordable alternative to traditional phone service.
The Vonage VoIP Forum Generated This Page In: 0.38 Seconds and 496 Pages In The Last 60 Seconds
The Vonage VoIP Forum
|
Members
New 
New Today 16
Yesterday 31
Total 63396
Who Is On Site
Visitors 200
Members 1
Total 201