Vonage Still Alive. Are they still floundering
Vonage has never struck me as survivable or anything beyond an alternate dialtone channel. I've never been a subscriber or a fan. CNet news had this the other day, as Vonage tries to convince themselves and everyone else that they're doing just fine.
Vonage loss narrows on subscriber growthOther opinions of note to me are Paul Kapustka's Vonage's SMB Biz is MIA and Garrett Smith's response, Why Vonage Has Abandoned The SMB…
Internet phone company Vonage Holdings said on Thursday its fourth-quarter loss narrowed as it gained more subscribers.
Its net loss fell to $65 million, or 42 cents per share, from $72 million a year earlier.
Revenue rose to $181 million, a 91 percent rise from $95 million in the
year-ago quarter. Analysts, on average, expected revenue of $180
million, according to Reuters Estimates.Vonage shares have fallen about 65 percent since its initial public offering in May last year, on worries about growing competition from other Internet-based phone services and traditional phone and cable companies, which offer combined voice, Internet and video services.
Technorati Tags: Vonage. VoIP
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