Advertisement
YOU ARE HERE: LAT HomeCollectionsVonage Holdings Corp
IN THE NEWS

Vonage Holdings Corp

FEATURED ARTICLES
BUSINESS
August 17, 2008 | David Colker, Times Staff Writer
When it comes to choosing broadband Internet providers, you can't always get what you want. But with certain limitations, you can get what you need. If you use the Internet regularly, chances are you already have broadband -- that is, a high-speed hookup, usually through your cable television provider or phone company. But are you getting it at the right speed and right price? There are more choices than ever, even though you typically have to go with a provider that serves your neighborhood.
ARTICLES BY DATE
BUSINESS
August 17, 2008 | David Colker, Times Staff Writer
When it comes to choosing broadband Internet providers, you can't always get what you want. But with certain limitations, you can get what you need. If you use the Internet regularly, chances are you already have broadband -- that is, a high-speed hookup, usually through your cable television provider or phone company. But are you getting it at the right speed and right price? There are more choices than ever, even though you typically have to go with a provider that serves your neighborhood.
Advertisement
BUSINESS
May 9, 2008 | From Times Wire Services
Vonage Holdings Corp., the unprofitable Internet phone company, reported a narrower first-quarter loss after cutting jobs and reducing marketing budgets. The net loss shrank to $8.96 million, or 6 cents a share, from $72.3 million, or 47 cents, a year earlier, the Holmdel, N.J.-based company said. Sales rose 15% to $224.6 million. Vonage shares fell 5 cents, or 2.7%, to $1.83.
BUSINESS
May 9, 2008 | From Times Wire Services
Vonage Holdings Corp., the unprofitable Internet phone company, reported a narrower first-quarter loss after cutting jobs and reducing marketing budgets. The net loss shrank to $8.96 million, or 6 cents a share, from $72.3 million, or 47 cents, a year earlier, the Holmdel, N.J.-based company said. Sales rose 15% to $224.6 million. Vonage shares fell 5 cents, or 2.7%, to $1.83.
BUSINESS
May 4, 2005 | From Bloomberg News
Vonage Holdings Corp., the largest U.S. Internet telephone service provider, was sued by the state of Connecticut, which accused the company of misrepresenting its ability to connect customers to 911 emergency dispatchers. Edison, N.J.-based Vonage failed to properly disclose that 911 calls over its service may take longer, may not be routed to a live operator and are at higher risk of encountering a busy signal, Connecticut Atty. Gen. Richard Blumenthal alleged in the suit.
BUSINESS
March 22, 2007
Vonage Holdings Corp., an unprofitable Internet phone company, won a court ruling that bars states from regulating its service, thwarting a challenge from telecommunications regulators in Minnesota. Vonage's service should be regulated by the Federal Communications Commission, an appeals court in St. Louis said. The move by the three-judge panel backs a 2004 order from the FCC. This is at least the third court victory for Holmdel, N.J.
BUSINESS
May 14, 2004 | From Bloomberg News
Vonage Holdings Corp., a closely held telephone company, will sell its Internet-based phone service through stores owned by RadioShack Corp., the third-largest U.S. electronics-store chain. RadioShack, which is based in Fort Worth, will offer Vonage gear and service plans starting at $14.99 a month at almost 4,000 stores in 38 states. The agreement gives Edison, N.J.
BUSINESS
August 21, 2007 | From Bloomberg News9
Internet phone company Vonage Holdings Corp. sued a U.S. unit of Canadian telecommunications equipment maker Nortel Networks Corp., seeking to invalidate three patents for managing telephone data. Nortel is attempting to sue Vonage in Texas for infringing the patents. Vonage contends that those patents are not valid. In March, a federal jury decided that Vonage infringed three patents owned by Verizon Communications and awarded $58 million.
BUSINESS
February 14, 2008 | From Times Wire Reports
Vonage Holdings Corp., the unprofitable Internet phone carrier, posted a narrower fourth-quarter loss after resolving patent claims with the three biggest U.S. phone companies. Net loss shrank to $11.1 million, or 7 cents a share, from $117.1 million, or 76 cents, a year earlier, the Holmdel, N.J.-based company said. Sales increased 19% to $215.9 million, missing the $220.1-million estimate in a Bloomberg survey of analysts. Vonage averted bankruptcy last year after settling lawsuits brought by Sprint Nextel Corp.
BUSINESS
August 10, 2007 | From Times Wire Services
Internet telephone company Vonage Holdings Corp. on Thursday reported a much reduced loss for the second quarter as it scaled back marketing, but it also saw a drastic drop in new subscribers. Cable company Comcast Corp. reported 3 million digital phone subscribers at the end of the second quarter, surpassing Vonage's 2.45 million. The Holmdel, N.J., company is struggling in court with Verizon Communications Inc. In March, a jury found that Vonage infringed three Verizon patents.
BUSINESS
February 14, 2008 | From Times Wire Reports
Vonage Holdings Corp., the unprofitable Internet phone carrier, posted a narrower fourth-quarter loss after resolving patent claims with the three biggest U.S. phone companies. Net loss shrank to $11.1 million, or 7 cents a share, from $117.1 million, or 76 cents, a year earlier, the Holmdel, N.J.-based company said. Sales increased 19% to $215.9 million, missing the $220.1-million estimate in a Bloomberg survey of analysts. Vonage averted bankruptcy last year after settling lawsuits brought by Sprint Nextel Corp.
BUSINESS
November 9, 2007 | From Times Wire Services
Internet phone service Vonage Holdings Corp. reported third-quarter earnings that beat analysts' estimates, a month after settling patent lawsuits that threatened its existence. The net loss widened to $161.8 million, or $1.04 a share, from $62.2 million, or 40 cents, a year earlier, the Holmdel, N.J.-based company said. Excluding $133 million in legal costs, the loss narrowed to $16 million, or 10 cents a share. Analysts surveyed by Bloomberg had estimated an adjusted loss of 13 cents.
BUSINESS
October 26, 2007 | From the Associated Press
Vonage Holdings Corp., the beleaguered provider of Internet-based telephone service, said Thursday that it had settled a patent lawsuit brought by Verizon Communications Inc. for a maximum of $120 million. The lawsuit, along with two filed by other phone companies, had cast a heavy shadow over Vonage's future. The company's service enables subscribers to connect their phones to their broadband connections for about $25 a month using a Vonage adapter.
BUSINESS
October 9, 2007 | From the Associated Press
new york -- The beaten-down shares of Vonage Holdings Corp. more than doubled in value Monday after the Internet phone company said it had settled a patent suit filed by Sprint Nextel Corp. The shares gained $1.42 to $2.57. On Sept. 25, a jury in U.S. District Court in Kansas City, Kan., found that Vonage infringed six Sprint patents and ordered the company to pay $69.5 million in damages. The settlement Monday resolves all claims in that suit for $80 million, the companies said.
BUSINESS
August 21, 2007 | From Bloomberg News9
Internet phone company Vonage Holdings Corp. sued a U.S. unit of Canadian telecommunications equipment maker Nortel Networks Corp., seeking to invalidate three patents for managing telephone data. Nortel is attempting to sue Vonage in Texas for infringing the patents. Vonage contends that those patents are not valid. In March, a federal jury decided that Vonage infringed three patents owned by Verizon Communications and awarded $58 million.
BUSINESS
August 10, 2007 | From Times Wire Services
Internet telephone company Vonage Holdings Corp. on Thursday reported a much reduced loss for the second quarter as it scaled back marketing, but it also saw a drastic drop in new subscribers. Cable company Comcast Corp. reported 3 million digital phone subscribers at the end of the second quarter, surpassing Vonage's 2.45 million. The Holmdel, N.J., company is struggling in court with Verizon Communications Inc. In March, a jury found that Vonage infringed three Verizon patents.
BUSINESS
November 9, 2007 | From Times Wire Services
Internet phone service Vonage Holdings Corp. reported third-quarter earnings that beat analysts' estimates, a month after settling patent lawsuits that threatened its existence. The net loss widened to $161.8 million, or $1.04 a share, from $62.2 million, or 40 cents, a year earlier, the Holmdel, N.J.-based company said. Excluding $133 million in legal costs, the loss narrowed to $16 million, or 10 cents a share. Analysts surveyed by Bloomberg had estimated an adjusted loss of 13 cents.
BUSINESS
October 26, 2007 | From the Associated Press
Vonage Holdings Corp., the beleaguered provider of Internet-based telephone service, said Thursday that it had settled a patent lawsuit brought by Verizon Communications Inc. for a maximum of $120 million. The lawsuit, along with two filed by other phone companies, had cast a heavy shadow over Vonage's future. The company's service enables subscribers to connect their phones to their broadband connections for about $25 a month using a Vonage adapter.
BUSINESS
April 25, 2007 | James S. Granelli, Times Staff Writer
A federal appeals court Tuesday allowed Vonage Holdings Corp. to continue to sign up new customers while it tried to overturn a lower court decision that it violated patents held by Verizon Communications Inc. The U.S. Federal Circuit Court of Appeals in Washington issued a full stay of a District Court order that prevented Vonage from using the patented technologies to attract new customers but allowed it to keep serving its 2.4 million subscribers.
BUSINESS
April 10, 2007 | James S. Granelli, Times Staff Writer
Vonage Holdings Corp.'s shares hit their lowest level since the Internet phone company went public in May, as investors worried that a patent suit would stunt the company's customer growth. The stock fell as low as $2.88 a share during trading Monday before rebounding to close at $3.03, down 34 cents. Vonage went public at $17 a share. On Friday, with stock markets closed, a federal judge banned Vonage from using three Verizon Communications Inc.
Los Angeles Times Articles
|