VonageComcast Inks Network Management Accord With VonageAuthored by Mark Hefflinger on July 9, 2008 - 10:34am.
Philadelphia - Comcast (NASD: CMCSA), the nation's largest cable TV provider and a provider of broadband service to nearly 13 million customers, announced on Wednesday a collaborative agreement with VoIP provider Vonage, "to ensure that network management techniques are chosen that effectively balance the need to avoid network congestion with the need to ensure that over-the-top VoIP services like Vonage work well for consumers." Vonage CEO Michael Snyder ResignsAuthored by Scott Goldberg on April 12, 2007 - 6:57am.
So this is what Vonage meant when it said a Thursday conference call would reveal how the company planned to work around Verizon’s patents? Still, today’s announcement that CEO Michael Snyder is resigning comes as little surprise. On Monday a judge barred the company from adding new customers, causing the stock to fall 11% to its all-time low of $2.88. This followed a ruling last month by a Virginia jury that ordered Vonage to pay Verizon $58 million, plus royalties on future sales, for violating three of its patents.
Vonage Shares Fall to New Low on Latest RulingAuthored by Scott Goldberg on April 9, 2007 - 1:36pm.
New York – After a judge said today that Vonage Holdings Corp., the internet phone company, could not add new customers because of its copyright infringement on Verizon Communications Inc., shares fell 11% to $2.88, a new low. The price marks an 83% decline since the IPO less than a year ago.
Federal Judge Issues Permanent Injunction Against Vonage; Shares PlungeAuthored by Mark Hefflinger on March 23, 2007 - 11:19am.
Holmdel, N.J. - A federal judge has issued a permanent injunction against Internet telephone service Vonage, in connection with a patent infringement lawsuit filed against the company by Verizon. Career Moves: August 22, 2006Authored by dmw on August 22, 2006 - 9:12am.
Maureen Govern, CTO for AOL resigns.
Early Morning Links: June 28, 2006Authored by robert on June 27, 2006 - 9:09pm.
Share Price of Internet Telephone Firm Vonage Drops 12% After IPOAuthored by Mark Hefflinger on May 24, 2006 - 7:46pm.
Edison, N.J. - Shares in Vonage, the New Jersey-based provider of Internet-based telephone services, dropped more than 12% in the company's first day of trading as a public company on Wednesday.
Internet Telephony Firm Vonage Files to Raise $250 Million in IPOAuthored by Mark Hefflinger on February 8, 2006 - 4:25am.
Holmdel, N.J. - Vonage, one of the biggest providers of Internet telephone (VoIP) services, has filed papers with the Securities and Exchange Commission for an initial public offering to raise an estimated $250 million. New Jersey-based Vonage also announced on Wednesday that it has hired Michael Snyder, the former president of ADT Security Systems, as its CEO. Snyder is replacing Vonage founder Jeffrey Citron, who will serve as chairman of the board and chief strategist. Founded four years ago, Vonage currently has about 1.4 million subscribers. The company had revenue of $18.7 million in
Reports: Internet Telephony Firm Vonage Planning $600 Million IPOAuthored by Mark Hefflinger on August 26, 2005 - 6:30am.
Edison, N.J. -- Vonage, the New Jersey-based provider of Internet-based telephone service, is planning an initial public offering to raise up to $600 million, according to published reports on Thursday. The company has raised about $400 million in venture capital and currently has about 800,000 customers. It is the largest U.S. provider of Internet phone service, although it is facing growing competition from major telecom providers, as well as Microsoft and Yahoo, which are offering voice components to their instant messaging service. Vonage's IPO, if and when it occurs, would be considered an accurate measure of just how much investor appetite there is in the public markets for technology businesses.
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