Vonage Announces Joint Venture with Datora Telecom in Brazil

Wed Feb 13, 2013 7:45am EST

* Reuters is not responsible for the content in this press release.

For best results when printing this announcement, please click on the link
below:

http://pdf.reuters.com/pdfnews/pdfnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130213:nPnNY59514


HOLMDEL, N.J.,  Feb. 13, 2013  /PRNewswire/ -- Vonage Holdings Corp. (NYSE: VG)
today announced that it has entered into an agreement to form a joint venture
with Brazilian-based Datora Telecom to deliver communications services in 
Brazil.  

Brazil  represents a substantial opportunity for Vonage and Datora, with 67
million total households, 17 million broadband households1, and more than one
million expats1. Further, the Brazilian government made a commitment to invest
approximately  $8 billion  per year between 2010 and 2013 to increase national
broadband penetration in advance of the 2014 World Cup and 2016 Olympics2. As a
result, the number of broadband households in  Brazil  is expected to grow to 40
million by 20143.  

"Brazil  is one of the fastest growing markets in the world for communications
services, and we are excited to partner with Datora to bring new services to
Brazilian consumers," said Kimberly O'Loughlin, Vonage's Managing Director,
International Markets. "Datora is an innovative telecommunications provider with
a proven track record of success. Their entrepreneurial culture, market
expertise and presence in  Brazil  will be invaluable as we embark upon this new
market opportunity together."  

O'Loughlin continued, "Today's announcement marks a major milestone in our
international expansion strategy. This is the second international partnership
we've entered into in less than one year as part of our continuing efforts to
drive growth."  

Founded 20 years ago, Datora Telecom is a Brazilian multinational
telecommunications provider focused on innovative voice and data solutions for
carriers in  Brazil  and other countries around the world. Datora is a
communications pioneer - it was the first company to operate VoIP services in 
Latin America, and the first telecom provider in  Brazil  to be issued a Mobile
Virtual Network Operator (MVNO) license. The company has a significant physical
presence in  Brazil, with points of presence in the country's most important
cities, and more than 200 interconnection agreements with leading carriers in
the countries where it does business. 

"We share Vonage's pioneering spirit, and we are excited to partner with a
company that has achieved success in providing customers with convenient,
flexible and affordable calling plans through innovative communications
solutions," said  Wilson Otero, Chief Executive Officer of Datora.

1Business Monitor International (BMI) Q2 2012 report, ISSN 1748-4421 2Brazilian
Development Bank 3Brazil's National Broadband Plan (PNBL)

About Vonage
Vonage (NYSE: VG) is a leading provider of communications services connecting
individuals through cloud-connected devices worldwide. Our technology serves
approximately 2.4 million subscriber lines. We provide feature-rich, affordable
communication solutions that offer flexibility, portability and ease-of-use. Our
Vonage World plan offers unlimited calling to more than 60 countries with
popular features like call waiting, call forwarding and visual voicemail -- for
one low monthly rate. Our Vonage Mobileapp lets users make free high-definition
calls and send free texts to all users of the app, worldwide. The app works over
Wi-Fi, 3G and 4G wireless data networks. Vonage's service is sold on the web and
through regional and national retailers including WalMart, Best Buy, Kmart and
Sears, and is available to customers in the U.S. (www.vonage.com),  Canada 
(www.vonage.ca) and the  United Kingdom  (www.vonage.co.uk).  

Vonage Holdings Corp. is headquartered in  Holmdel, New Jersey. Vonage is a
registered trademark of Vonage Marketing LLC., owned by Vonage America Inc.

To follow Vonage on Twitter, please visit  www.twitter.com/vonage. To become a
fan on Facebook, go to  www.facebook.com/vonage. To subscribe on YouTube, visit 
www.youtube.com/vonage.  

Vg-f

SOURCE  Vonage Holdings Corp.


Vonage Investor Contact, Leslie Arena, +1-732-203-7372, leslie.arena@vonage.com,
or Vonage Media Contact, Jo Ann Tizzano, +1-732-365-1363,
joann.tizzano@vonage.com

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.