Comments on: Holy Smokes, Vonage goes for an IPO

By: poison

poison — Fri, 12 May 2006 05:32:22 +0000

Man I am somewhat confused. I got my IPO conditional offer letter in the mail yesterday. They are offering their existing customers (of over a year, and with other certain requirements as previously mentioned in this thread) an “opportunity to invest” in Vonage. The $ isn’t what really bothers me, what bothers me is that they are now turning to their customers for investment…is this a sucker bet? is this a good bet? the fact remains it seems to be too much of a bet.
Should I go in for a couple of grand, and see if it goes anywhere, and then spend my days watching it like a hawk…or just walk away from the pig in lipstick?

By: Moonpoint

Moonpoint — Mon, 08 May 2006 19:26:36 +0000

As an existing vonage customer, I got an offer for IPO shares
this morning. But my surprise didn’t last long, as I read the fine
print further that I have to a US citizen. Clearly they didn’t ask the
citizenship question when I took the service in early 2004.

Accrording to some previous posts, each customer is valued at
$2000.

Well, you can discount that valuation by $2000, I am voting with my wallet, I am discontinuing my service. There are plenty of
alternatives now…

By: Newbie

Newbie — Tue, 24 Jan 2006 17:55:00 +0000

As a new Vonage Customer, I can't tell you the relief I felt once I switched away from the big Bell. I would have switched to save $10/month, but I'm actually saving closer to $50!

It was quite a roll-reversal to have an actual PERSON from the Bell CALL ME and BEG for my business back. I think not.

Of course, they also threatened to increase the rate on my broadband service, whereby I got the privilege to remind THEM that I had a 2-yr broadband contract and it wasn't open to negotiation for quite some time.

Good-bye and Good-Riddance

God Bless the Free Market Economy...now if we could just convince the Government to stop bailing out the airlines...

By: Om Malik’s Broadband Blog » Vonage of a million

Om Malik’s Broadband Blog » Vonage of a million — Wed, 07 Sep 2005 05:14:04 +0000

[...] It still doesn’t ensure a great IPO, or a great exit via sale to some greater fool. And it also doesn’t mean that cable companies are not going to eat their lunch and dinner. Or that upstarts like soon to be born YAVS (yet another voip service for acronym-challenged) IGOnet or Adcalls (oh boy this reminds me of 1999) are going to go away. But lets be nice, and applaud Jeffrey and his team for being the first million VoIP customer company. Like @Home, they made this market happen - and that in my books is pretty darn good. (I am sticking to this line, unless Skype issues a clean, and easy to understand press release!) Oh, so all of you who want to take a swing at me for being nice, well this is your last chance In VoIP (the New Phone) Posted Tuesday, September 6, 2005 at 10:12 PM PT [...]

By: Voip Arena

Voip Arena — Wed, 31 Aug 2005 18:27:14 +0000

Vonage Plans IPO

By: john

john — Sat, 27 Aug 2005 02:16:01 +0000

Investors value Vonage customers a lot higher than 1000 USD.
External investors may have put into Vonage around 1000 USD of cash per customer, but same investors do not own 100 % of the company. An IPO at 1,5 bill $ (pre-money) value each Vonage customer at 2OOO $.

By: Allen Tsai - Technology in Motion » VoIP, WiMAX, and the Death of Cellular

Allen Tsai - Technology in Motion » VoIP, WiMAX, and the Death of Cellular — Fri, 26 Aug 2005 17:18:33 +0000

[...] aditional fixed-line carriers. With such success, rumors have circulated that Skype may be going public, an indication of VoIP’s popularity. However, the mobility o [...]

By: Allen Tsai - Technology in Motion » VoIP, WiMAX, and the Death of Cellular

Allen Tsai - Technology in Motion » VoIP, WiMAX, and the Death of Cellular — Fri, 26 Aug 2005 15:37:28 +0000

[...] aditional fixed-line carriers. With such success, rumors have circulated that Skype may be going public, an indication of VoIPs popularity. However, the mobility of VoIP [...]

By: Om Malik’s Broadband Blog » The Return of Craig McCaw

Om Malik’s Broadband Blog » The Return of Craig McCaw — Fri, 26 Aug 2005 05:54:55 +0000

[...] s raised $260 million in debt in order to expand company’s fixed wireless network. (Take that Vonage!) As a background, McCaw was the founder of McCaw Cellular, one [...]

By: Corante New York

Corante New York — Thu, 25 Aug 2005 20:25:41 +0000

Woo Hoo! Vonage IPO to raise $600 million

ZDNet has details on the $600 million Vonage IPO — the surest sign yet that the area of voice-over-Internet communication is hot. Make that sizzling hot, considering that Google is jumping into the market. The Edison, NJ-based company did…

By: Charlie Sierra

Charlie Sierra — Thu, 25 Aug 2005 19:55:35 +0000

Certainly I agree that the Bells view VoIP as PITA, but the reason PCS hasn’t bundled VoIP is because they’ve yet to spinout their own local ops, and frankly they want to lock in the MSOs before doing their own thing.

I mean look at what they’re doing to poor ole ESPN Mobile. NASCAR, NFL, hello MLB??? I think the MVNO fad will be coming to an end pretty quickly, I mean its already served its purpose.

Dealing with the phone companies is dealing with the devil.

By: Jesse Kopelman

Jesse Kopelman — Thu, 25 Aug 2005 19:13:42 +0000

Charlie, you caught me. I wasn’t thinking of Sprint as a pure wireless play. As for your T-Mobile comment, I’ve been saying the same for a while. I think the problem with the big players (Bells, Pure Wireless, Cable Cos) is that they see VoIP more as a threat than an oportunity. To them, business as usual is priority #1 — higher than thinking about the future.

By: Charlie Sierra

Charlie Sierra — Thu, 25 Aug 2005 18:49:14 +0000

Ah, Jesse, Sextel (S) is a public national wireless company.

The near term lesson of the VoIP flameout is that you need a powerful value proposition.

Simply being a little cheaper than the hated Bells is not big enough. Nobody has put forward a really insightful business model.

I do think the marketplace is growing more receptive, but the players are still not convinced the stars are in alignment.

Om, why aren’t the good folks over at T-Mobile USA pushing a VoIP component with their wireless plans? Its a cheap ARPU boost, think of all those broadband rich college kids. I mean how are going to call the beer store to reserve that kegger for the weekend…

Voice still generates more $$$ than data.

By: Jesse Kopelman

Jesse Kopelman — Thu, 25 Aug 2005 17:03:37 +0000

Actually, I think the Bells love this news. It is very hard to run a telecom as a growth stock, as investors have little patience when it comes time to spend money on upgrading the network and ARPU declines and user growth stalls. There is a reason there are no public national wireless cos in the US (now that Nextel is no more).

By: SiliconBeat

SiliconBeat — Thu, 25 Aug 2005 15:21:51 +0000

A thriller endgame for Vonage

Vonage, the Internet telephone company, is about to file for an initial public offering and is hoping to raise between $400 and $600 million, according to The Deal. Talk about a thriller endgame. This is not a Silicon Valley company, but a host of vall…

By: Mark Evans

Mark Evans — Thu, 25 Aug 2005 12:14:57 +0000

A Vonage IPO on the Way?

According to The Deal.com, the long wait for Vonage’s IPO is about to end. Within the next six weeks, Vonage will apparently file with the SEC for an IPO to raise $400-million to $600-million. The company, which has more than 800,000 customers, could …