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The leader in Internet phone calling appears ready to cash out
THE GROWTH of Edison-based Vonage-a 4-year-old company that claims more than 1 million subscribers for its Internet telephone service-is already one of the biggest New Jersey business stories of the 21st century. Now the chatter on Wall Street is that the company is preparing to go public or perhaps begin talking to buyers.
Either route would enable venture capital firms that have poured more than $400 million into Vonage to cash out. But both strategies face potential problems. Just last week a smaller Internet phone company called Cbeyond Communications had to slash its IPO offering price when investors showed litde interest. And big phone companies and other prospective Vonage buyers like cable TV companies can easily roll out their own Internet calling service. Many already have.
Vonage executives are mum, but published reports say the company has already selected four banks to manage an initial public offering of its stock that could raise $600 million.
Whether that number is realistic is anyone's guess, says Stephan Beckert, research director at TeleGeography Research, a technology research firm in Washington, D.C. "No one knows how profitable they are or aren't-and people won't know until they file," he says. "One thing we do know: They are adding subscribers at an impressive rate and they have established a market that didn't exist a few years ago."
Representatives at the company's operations center answer questions and solve problems for a growing number of subscribers.
Some analysts say now would be the perfect time for Vonage, which announced it had reached the 1 million-subscriber mark on September 6, to go public. As an alternative, a sale of the company in the near future could bring as much as $1.5 billion from a buyer-such as one of the Baby Bells-that could then bundle the service with its other offerings, analysts say.
An IPO makes sense, says Robert Rosenberg, president of Insight Research, a Boonton-based telecom industry analysis firm. "They are venture-backed and when you have venture [capitalists], the strategy is to take the company public to make their money back," Rosenberg said. 'An IPO is not an 'if', it's a'when.'"
He considers a sale a longer shot, since the Internet phone technology can easily be replicated. An IPO, and maybe even a sale, could work while Vonage leads the market, he says. "It's a question of timing. They have ereated brand-name recognition and they have a customer base, so there is an attraction there."
Vonage came on the scene in 2001, becoming one of the first companies in the U.S. to successfully sell Internet telephone service using Voice over Internet Protocol (VoIP) to large numbers of residential and small-business customers. The company, which is headed by CEO Jeffrey Citron, a founder of brokerage Datek Online, grew fast. It has raised $408 million in venture capital and spent much of it on advertising and getting its hardware into stores like Circuit City and Radio Shack.
VoIP Subscribers by Service Provider
The company has 1,400 employees, up from 250 two years ago when it had less than one-tenth the current number of subscribers. Vonage has announced-but not commenced-a plan to move to larger quarters in Holmdel.
Vonage's incredible growth will likely slow as large telecommunications carriers such as AT&T, and cable television providers like Cablevision and Time Warner, grab more of the market, TeleGeography predicts.
Telecom carriers and cable operators are in a position to easily bundle services and offer attractive package deals, butVonage still leads with 25% to 30% of the VoIP market. While Vonage releases only consolidated North American and U.K. subscriber figures, TeleGeography estimates that at least 750,000 of its customers in the second quarter were U.S. and Canadian subscribers. Time Warner follows with some 600,000 U.S. customers; Cablevision has 500,000.
Vonage has some advantages over the competition. "In some cases, it's cheaper," Beckert says. "Its service has been more consistent than some cable providers. And it is more portable." Cable and telephone providers' Internet phone products can be hooked up only in the areas where the companies already do business, while Vonage's hardware can be hooked up anywhere high-speed Internet access is available. "It moves with you," Beckert says.
Vonage offers residential telephone service that gives users unlimited local and longdistance calls for $24.99 a month, a price that traditional phone companies can't touch for their landline service. Vonage's edge: It avoids telecom taxes because its phone calls are routed over the public Internet, not the heavily taxed traditional phone network.
Analysts say that the sound quality with Internet phone service is not as good as with land lines, but better than cellular phone service. "It occasionally has hiccups, pops or bursts of static." Beckert says. "But it's a heck of a lot better than cell phone connections."
What drives Vonage's growth? "Their status as first in the market, word-of-mouth, advertising and their aggressive pricing," says Beckert.
"[Vonage's] service has been more consistent than some cable providers. And it is more portable."
Stephan Beckert
Research director, TeleGeography Research
E-mail to sgoldstein@njbiz.com
Copyright Snowden Publications, Inc. Nov 7, 2005
Source: NJBIZ
http://www.redorbit.com/news/technology/314964/vonage_prepares_its_exit_strategy/index.html?source=r_technology
The leader in Internet phone calling appears ready to cash out
THE GROWTH of Edison-based Vonage-a 4-year-old company that claims more than 1 million subscribers for its Internet telephone service-is already one of the biggest New Jersey business stories of the 21st century. Now the chatter on Wall Street is that the company is preparing to go public or perhaps begin talking to buyers.
Either route would enable venture capital firms that have poured more than $400 million into Vonage to cash out. But both strategies face potential problems. Just last week a smaller Internet phone company called Cbeyond Communications had to slash its IPO offering price when investors showed litde interest. And big phone companies and other prospective Vonage buyers like cable TV companies can easily roll out their own Internet calling service. Many already have.
Vonage executives are mum, but published reports say the company has already selected four banks to manage an initial public offering of its stock that could raise $600 million.
Whether that number is realistic is anyone's guess, says Stephan Beckert, research director at TeleGeography Research, a technology research firm in Washington, D.C. "No one knows how profitable they are or aren't-and people won't know until they file," he says. "One thing we do know: They are adding subscribers at an impressive rate and they have established a market that didn't exist a few years ago."
Representatives at the company's operations center answer questions and solve problems for a growing number of subscribers.
Some analysts say now would be the perfect time for Vonage, which announced it had reached the 1 million-subscriber mark on September 6, to go public. As an alternative, a sale of the company in the near future could bring as much as $1.5 billion from a buyer-such as one of the Baby Bells-that could then bundle the service with its other offerings, analysts say.
An IPO makes sense, says Robert Rosenberg, president of Insight Research, a Boonton-based telecom industry analysis firm. "They are venture-backed and when you have venture [capitalists], the strategy is to take the company public to make their money back," Rosenberg said. 'An IPO is not an 'if', it's a'when.'"
He considers a sale a longer shot, since the Internet phone technology can easily be replicated. An IPO, and maybe even a sale, could work while Vonage leads the market, he says. "It's a question of timing. They have ereated brand-name recognition and they have a customer base, so there is an attraction there."
Vonage came on the scene in 2001, becoming one of the first companies in the U.S. to successfully sell Internet telephone service using Voice over Internet Protocol (VoIP) to large numbers of residential and small-business customers. The company, which is headed by CEO Jeffrey Citron, a founder of brokerage Datek Online, grew fast. It has raised $408 million in venture capital and spent much of it on advertising and getting its hardware into stores like Circuit City and Radio Shack.
VoIP Subscribers by Service Provider
The company has 1,400 employees, up from 250 two years ago when it had less than one-tenth the current number of subscribers. Vonage has announced-but not commenced-a plan to move to larger quarters in Holmdel.
Vonage's incredible growth will likely slow as large telecommunications carriers such as AT&T, and cable television providers like Cablevision and Time Warner, grab more of the market, TeleGeography predicts.
Telecom carriers and cable operators are in a position to easily bundle services and offer attractive package deals, butVonage still leads with 25% to 30% of the VoIP market. While Vonage releases only consolidated North American and U.K. subscriber figures, TeleGeography estimates that at least 750,000 of its customers in the second quarter were U.S. and Canadian subscribers. Time Warner follows with some 600,000 U.S. customers; Cablevision has 500,000.
Vonage has some advantages over the competition. "In some cases, it's cheaper," Beckert says. "Its service has been more consistent than some cable providers. And it is more portable." Cable and telephone providers' Internet phone products can be hooked up only in the areas where the companies already do business, while Vonage's hardware can be hooked up anywhere high-speed Internet access is available. "It moves with you," Beckert says.
Vonage offers residential telephone service that gives users unlimited local and longdistance calls for $24.99 a month, a price that traditional phone companies can't touch for their landline service. Vonage's edge: It avoids telecom taxes because its phone calls are routed over the public Internet, not the heavily taxed traditional phone network.
Analysts say that the sound quality with Internet phone service is not as good as with land lines, but better than cellular phone service. "It occasionally has hiccups, pops or bursts of static." Beckert says. "But it's a heck of a lot better than cell phone connections."
What drives Vonage's growth? "Their status as first in the market, word-of-mouth, advertising and their aggressive pricing," says Beckert.
"[Vonage's] service has been more consistent than some cable providers. And it is more portable."
Stephan Beckert
Research director, TeleGeography Research
E-mail to sgoldstein@njbiz.com
Copyright Snowden Publications, Inc. Nov 7, 2005
Source: NJBIZ
http://www.redorbit.com/news/technology/314964/vonage_prepares_its_exit_strategy/index.html?source=r_technology
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Videos like this can make you appreciate the things we take for granted.
View: https://www.youtube.com/shorts/a2cgQidHQJI
View: https://www.youtube.com/shorts/a2cgQidHQJI
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230 views
Linus Tech Tips
Time for another AWESOME video from Linus Tech Tips!
View: https://www.youtube.com/watch?v=CrO0Timw2z4
Direct YouTube Link - I Let My Staff Upgrade the Office (They Almost Ruined It)
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The LTT Store
View: https://www.youtube.com/watch?v=CrO0Timw2z4
Direct YouTube Link - I Let My Staff Upgrade the Office (They Almost Ruined It)
Linus on Facebook
The LTT Store
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Staff member
HERE TO HELP YOU!
Cutting Edge
Sometimes a thread gets so many posts in it that is can cause issues for the server so that why today we introduce The Song Name Game Part 3!
So let the game continue!
The last song was added by Bobby who posted...
One Meat Ball - Andrews Sisters
CONTINUE ON AND HAVE FUN! WELCOME HOME TO SATELLITEGUYS.US!
Here are the original rules for the game as posted by WebbyDude back in 2006. http://www.satelliteguys.us/threads/68645-Song-Name-Game
Just name a song title and the band who performed it. The next person does the same thing, but needs to list a song title or band name which includes a word from the previous entry. Pick songs from any genre.
Example:
Long Live Rock and Roll -- Rainbow
Rainbow in the Dark -- Dio
Another example:
Ride the Lightning -- Metallica
Lightning Strikes -- Ozzy Osbourne
Get it?
An additional note: we all know that song titles, sometimes, use profane words. Because this is a family friendly website it is advised that you clean up that title up a bit. This is accomplished by using something like sh!t instead of the real word. Thanks....
So let the game continue!
The last song was added by Bobby who posted...
One Meat Ball - Andrews Sisters
CONTINUE ON AND HAVE FUN! WELCOME HOME TO SATELLITEGUYS.US!
Here are the original rules for the game as posted by WebbyDude back in 2006. http://www.satelliteguys.us/threads/68645-Song-Name-Game
Just name a song title and the band who performed it. The next person does the same thing, but needs to list a song title or band name which includes a word from the previous entry. Pick songs from any genre.
Example:
Long Live Rock and Roll -- Rainbow
Rainbow in the Dark -- Dio
Another example:
Ride the Lightning -- Metallica
Lightning Strikes -- Ozzy Osbourne
Get it?
An additional note: we all know that song titles, sometimes, use profane words. Because this is a family friendly website it is advised that you clean up that title up a bit. This is accomplished by using something like sh!t instead of the real word. Thanks....
68781 Replies
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Supporting Founder
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Apple Fall Hardware Event takes place today, September 9, 2026, at 10:00 a.m. PT / 1:00 p.m. ET. It marks the debut of new CEO John Ternus and the expected reveal of Apple's first foldable phone.
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2552 views
S
when was the last time they innovated something
I'd probably say when they came up with their M-series of processors with integrated memory. That allowed Apple to get away from the inefficient Intel CPUs that were limiting their notebook computers.when was the last time they innovated something
S
samsung made the screen apple designed the hinge for the duo. this has got to be the best advertising campaign for samsung 
TWiT Tech Podcast Network
Time for another AWESOME video from the TWIT Network!
View: https://www.youtube.com/shorts/KgddzLhbAzg
Direct YouTube Link - USB Encryption Broken: AI Finds Backdoors in 7 Minutes #shorts
TWIT's Website
TWIT Live Feed
View: https://www.youtube.com/shorts/KgddzLhbAzg
Direct YouTube Link - USB Encryption Broken: AI Finds Backdoors in 7 Minutes #shorts
TWIT's Website
TWIT Live Feed
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Supporting Founder
Lifetime Supporter
Comcast is the first to report, with a massive 274,000 loss in video subscribers.
In the 3Q of 2016, Comcast had 21.42 million video subscribers and was the #1 provider, now at 10.39 million and is the #3 Provider, YTTV is #2 ( who also surpassed DirecTV-8 Million and Dish-under 5 Million), Charter/Spectrum is #1.
cordcuttersnews.com
In the 3Q of 2016, Comcast had 21.42 million video subscribers and was the #1 provider, now at 10.39 million and is the #3 Provider, YTTV is #2 ( who also surpassed DirecTV-8 Million and Dish-under 5 Million), Charter/Spectrum is #1.
Comcast Just Lost 274,000 TV Customers & 144,000 Internet Customers In Just Three Months | Cord Cutters News
Comcast Corporation reported its third-quarter 2026 results on October 22, showing continued erosion in its domestic residential broadband internet and video customer bases as competitive pressures intensified across the connectivity market. The company recorded a net loss of 144,000 domestic...
cordcuttersnews.com
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1071 views
After a strange reboot last night in the middle of viewing, this morning several more reboots and about a half an hour download.
2 Replies
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169 views
Lifetime Supporter
Looks like dish is Bankrupt. Filling tomorrow Tuesday June 30th
462 Replies
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16289 views
SpaceX boldly goes into 'huge' 5G network rollout with Qualcomm
After trying satellites and small cells, Elon Musk's SpaceX is to build a terrestrial mobile network across tens of thousands of sites with Qualcomm.
www.lightreading.com
For your viewing pleasure...
finance.yahoo.com
AT&T, T-Mobile Are Reportedly Ready To Boot Boost Mobile If SpaceX Buys It
Semafor’s Rohan Goswami said that AT&T and T-Mobile have discussed removing Boost Mobile from their networks if SpaceX acquires the EchoStar unit, creating a potential obstacle to Elon Musk’s push to become a major U.S. wireless carrier.
finance.yahoo.com
For your viewing pleasure...
AT&T, T-Mobile Are Reportedly Ready To Boot Boost Mobile If SpaceX Buys It
Semafor’s Rohan Goswami said that AT&T and T-Mobile have discussed removing Boost Mobile from their networks if SpaceX acquires the EchoStar unit, creating a potential obstacle to Elon Musk’s push to become a major U.S. wireless carrier.
That's ok, I'm sure Verizon will be happy to take them.
That's ALL Verizon needs.....more congested towers
That's ALL Verizon needs.....more congested towers
They don't care... they're milkin' the cow. Buddying up with Elon to provide him an MVNO network will make their investors and shareholders salivate. All of their recent marketing efforts have failed, so this move makes a lot of sense.
Mr. Morris is no journalist. That article reads like a political hit job.SpaceX boldly goes into 'huge' 5G network rollout with Qualcomm
After trying satellites and small cells, Elon Musk's SpaceX is to build a terrestrial mobile network across tens of thousands of sites with Qualcomm.www.lightreading.com
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Didn't see a thread like this so I figured why not start one. This is about natural supplements. If you aren't into supplements, fine, but please let those of us who do want to discuss this discuss it.
The first one I wanted to mention has been a real life changer. I'm 62 and still do all of my own install work at my business....also do all the yard work at the house. A few years ago I started noticing that I was losing my range of movement, it was even getting hard to bend over and lace up my boots. Almost got stuck in an attic because I couldn't get turned around once the work was done. Didn't think much of it and figured with age comes stiffness that was only going to get worse as time went on.
It was then that I stumbled across a video which was discussing rotator cuff tears and why they were to prevalent these days. Turns out, the culprit is a simple deficiency in MANGANESE which is key in keeping your tendons flexible. Most anti-biotics strip your body of any manganese it might have had which is why certain anti-biotics, especially those in the Cipro family. I actually knew a man who had two tendons tear while on that stuff.
Went to Amazon and ordered some manganese. Now it took a while, it wasn't instant, but gradually I have regained all of my flexibility. I can bend over and touch my toes while standing with no pain and putting on my boots is no longer a chore.
Pretty cheap too. The bottle I ordered was a 200 ct for under $13. They said to take double the normal dose for the first month because most people are severely lacking, then go to one a day.
The first one I wanted to mention has been a real life changer. I'm 62 and still do all of my own install work at my business....also do all the yard work at the house. A few years ago I started noticing that I was losing my range of movement, it was even getting hard to bend over and lace up my boots. Almost got stuck in an attic because I couldn't get turned around once the work was done. Didn't think much of it and figured with age comes stiffness that was only going to get worse as time went on.
It was then that I stumbled across a video which was discussing rotator cuff tears and why they were to prevalent these days. Turns out, the culprit is a simple deficiency in MANGANESE which is key in keeping your tendons flexible. Most anti-biotics strip your body of any manganese it might have had which is why certain anti-biotics, especially those in the Cipro family. I actually knew a man who had two tendons tear while on that stuff.
Went to Amazon and ordered some manganese. Now it took a while, it wasn't instant, but gradually I have regained all of my flexibility. I can bend over and touch my toes while standing with no pain and putting on my boots is no longer a chore.
Pretty cheap too. The bottle I ordered was a 200 ct for under $13. They said to take double the normal dose for the first month because most people are severely lacking, then go to one a day.
13 Replies
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348 views
TWiT Tech Podcast Network
Time for another AWESOME video from the TWIT Network!
View: https://www.youtube.com/watch?v=_B68aUhD3vE
Direct YouTube Link - Untitled Linux Show 278
TWIT's Website
TWIT Live Feed
View: https://www.youtube.com/watch?v=_B68aUhD3vE
Direct YouTube Link - Untitled Linux Show 278
TWIT's Website
TWIT Live Feed
0 Replies
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37 views