Rochester, NY 9/1/2009 8:27:51 AM
Vonage Holdings Corporation VG, Up 4.38% in Ends Trading
Vonage Holdings Corporation VG
Vonage saw shares surge on growing consensus that the company would survive the recession. One of the first firms to offer Internet-based calling services, Vonage has been challenged with high costs and competition from telephone and cable operators have increasing begun offering bundled services of video, Internet and phone services.
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Last Trade: 1.43
Day's Range: 1.38 - 1.60
52wk Range: 0.31 - 2.63
Change: Up 0.06 (4.38%)
Volume: 18,526,513
Avg Vol (3m): 4,053,040
ABOUT Vonage Holdings Corporation
Vonage Holdings Corp., through its subsidiaries, provides broadband Voice over Internet Protocol services to residential and small business and home office customers. It offers various features, such as call waiting, caller ID with name, call forwarding, and voicemail. The company also provides area code selection, number portability, online account management, and personalized Web-enabled voicemail. In addition, it offers services, including Vonage visual voicemails, virtual phone numbers, toll free numbers, and residential and business fax services, as well as Vonage SoftPhone, a software application that is downloaded and installed on computers, laptops, and WiFi-enabled personal digital assistant devices, which enables user to use a computer as a telephone. Further, the company offers Vonage-enabled devices, such as Vonage V-Portal to connect up to two Vonage lines through a high-speed Internet connection and includes a networking router; analog telephone adapters, which convert analog audio signals into digital data packets for transmission over the Internet; integrated adapters and wireless routers; Vonage Bundled Cordless Phone; V-phone, a USB compatible device; and Vonage Companion, a downloadable softphone that can be loaded on a laptop or PC.
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