Key Developments: Vonage Holdings Corp (VG)
2.70USD
24 May 2013
$0.01 (+0.37%)
$2.69
$2.69
$2.72
$2.68
659,336
1,460,202
$3.15
$1.63
Latest Key Developments (Source: Significant Developments)
Vonage Holdings Corp Appoints David Pearson Chief Financial Officer
Vonage Holdings Corp announced the appointment of David T. Pearson as Chief Financial Officer and Treasurer, effective May 1, 2013. Full Article
Vonage Holdings Corp Secures Four New Patents From U.S. Patent And Trademark Office
Vonage Holdings Corp announced that it has been granted four new patents by the United States Patent and Trademark Office. These patents relate to call rating and routing, conference calling, mobile wireless and calling card technologies. Full Article
Vonage Holdings Corp Announces Joint Venture With Datora Telecom
Vonage Holdings Corp announced that it has entered into an agreement to form a joint venture with Brazilian-based Datora Telecom to deliver communications services in Brazil. Full Article
Vonage Holdings Corp Announces Departure Of Barry Rowan, Chief Financial Officer
Vonage Holdings Corp announced that Barry Rowan, Executive Vice President, Chief Financial Officer and Chief Administrative Officer, has decided to leave the Company to pursue another opportunity. Mr. Rowan will step down from his positions effective upon the Company's filing of its 2012 Form 10-K in February 2013, and will assist in ensuring a smooth transition of his responsibilities. The search for a new Chief Financial Officer is underway. Full Article
Vonage Holdings Corp Secures Three New Patents From U.S. Patent And Trademark Office
Vonage Holdings Corp announced the grant of three new patents. On November 6, 2012, Vonage was issued U.S. Pat. No. 8,306,202, Method and System for Customized Caller Identification. The patented invention allows a user of a telephony system to set up customized caller ID and call routing instructions for different contacts. These different instructions may be set up for both inbound and outbound calls. On November 6, 2012, Vonage was issued U.S. Pat. No. 8,305,933, Method and Apparatus for Detecting Devices on a Local Area Network. The patented invention allows a host computer to communicate with any VoIP device on the network, facilitating discovery and installation of the device regardless of the device's location, for example, behind a router. Finally, on November 27, 2012, Vonage was issued U.S. Pat. No. 8,320,543, System for Effecting a Telephone Call Over a Computer Network Without Alphanumeric Keypad Operation. The patented invention provides a method for enabling users of a VoIP telephony system to place calls using a web browser or other Internet-capable software instead of an alphanumeric keypad on a conventional phone. Full Article
Vonage Holdings Corp Reaffirms 2012 Quarterly EBITDA Guidance; Narrows FY 2012 EBITDA Guidance To A Range In Line With Analysts' Estimates
Vonage Holdings Corp. announced that consistent with its prior guidance for fiscal 2012, the Company expects to achieve adjusted EBITDA of $30-$35 million per quarter, or $130-$135 million for fiscal 2012, reflecting the ongoing investment of $5-$10 million per quarter in strategic growth initiatives. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EBITDA of $32 million for fourth quarter of 2012; and EBITDA of $130 million for fiscal 2012. Full Article
Vonage Holdings Corp Secures Patent For Extensions
Vonage Holdings Corp announced the grant of U.S. Pat. No. 8,265,083 entitled Systems and methods of providing communications services. Full Article
Vonage Holdings Corp. Reaffirms Quarterly, FY 2012 EBITDA Guidance
Vonage Holdings Corp. announced that consistent with its prior guidance for fiscal 2012, the Company expects to achieve adjusted EBITDA of $30-35 million per quarter, and $120-140 million for fiscal 2012, reflecting the additional investment of $5-10 million per quarter in strategic growth initiatives. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report EBITDA of $29.28 million for third quarter of 2012; EBITDA of $29.22 million for fourth quarter of 2012; and EBITDA of $120 million for fiscal 2012. Full Article
Vonage Holdings Corp. Receives Mobile VoIP Handoff Patent
Vonage Holdings Corp. announced the grant of U.S. Pat. No. 8,223,720 titled Systems and Methods for Handoff of Mobile Telephone Call in a VoIP Environment. This invention allows a mobile handset user who is on a voice-over-IP call to seamlessly move between multiple wireless data connections without dropping the call. Full Article
Vonage Holdings Corp. Secures Two New Patents
Vonage Holdings Corp. announced that it has been awarded two new patents. The first patent – U.S. Pat. No. 8,213,594 – titled Method and Apparatus for Placing a Long Distance Call Based on a Virtual Phone Number, granted on July 3, 2012, allows consumers to communicate to distant locations without incurring long distance or international calling charges. This is Vonage's third patent related to the use of virtual phone numbers. Vonage's first two patents directed to virtual phone numbers – U.S. Pat. Nos. 7,386,111 and 7,680,262 – were granted on June 10, 2008 and March 16, 2010, respectively. Virtual phone numbers allow people outside a Vonage customer's local calling area to call a Vonage customer for the price of a local call. Vonage customers can choose a virtual phone number in the calling area of a parent, relative or friend or wherever they want to establish a virtual presence. Vonage offers virtual phone numbers across the United States, Canada, United Kingdom, Mexico, Puerto Rico, Brazil, South Africa, Australia, and Japan, and in 12 other countries. The second patent – U.S. Pat. No. 8,194,843 – titled Method and Apparatus for Busy Override in an Internet Protocol Based Telephone System, granted on June 5, 2012, provides a call waiting override feature for the handling of calls that have been identified as urgent based upon the pattern of call attempts from a given caller. Full Article
BRIEF-Vonage up 9.1 percent in premarket after results
NEW YORK, Feb 13 - Vonage Holdings Corp : * Shares up 9.1 percent in premarket trading after results
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