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Comcast Is The New VoIP King
2007-08-10
Vonage revenue grew to a record $ 206 million, a 43% increase jump from the $ 144 million in revenue posted this time last year. The company's net loss narrowed to $ 34 million, or $ 0.22 per share, from a net loss of $ 74 million this time last year.
The company added 57,000 net subscriber lines during the quarter and finished with 2.45 million lines in service. According to interim CEO Jeff Citron, the decline in subscriber additions is thanks to scaled back marketing efforts. Vonage still pays $ 287 per user in marketing costs.
Note that fellow VoIP operator Packet8 saw profitability for the first time ever this week. That's not only the first time Packet8 has seen black ink, but it's also the first time any public independent U.S. VoIP operator has posted a profit.
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VoIP Providers List Information |
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About VoIP Providers List
VoIP Providers List services save time for companies searching both for information and interconnection partners, interested in voice minutes exchange, i.e. VoIP minutes termination and origination, as well as hardware and software trade. We provide information on interconnection services, VoIP hardware solutions and VoIP software , as well as overall situation in the VoIP industry.
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VoIP Providers Statistics |
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Providers in database: 3315
Users Online: 267
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