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Last $4.71 USD
Change Today +0.08 / 1.73%
Volume 1.1M
VG On Other Exchanges
New York
As of 8:04 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

vonage holdings corp (VG) Key Developments

Vonage Launches Mexico Freedom Plan

Vonage launched the Mexico Freedom plan. The Mexico Freedom plan is the only residential calling plan offering unlimited calling both to and from Mexico for both landlines and mobile phones, and is available for $29.99 per month (plus taxes and fees) with a one-year agreement. Staying in touch over the phone can be cost prohibitive for many with friends and family in Mexico. Since the cost of calls from Mexico to the US can be expensive, the burden often falls to those living in the US to call Mexico. The Mexico Freedom plan not only provides unlimited calling to address the increasing need and desire to call mobile phones throughout Mexico, it also offers Local Access Numbers in Mexico. Local Access Numbers are phone numbers in Mexico that friends and family can call to reach a Vonage customer, giving them the freedom to call a Vonage customer in US for the price of a local call. Customers can also use their home phone plan to make and receive calls on their iPhone or Android smartphones anywhere there is a Wi-Fi or data connection with the Vonage Extensions App. Once installed, calls to a customer's home number will ring on the linked smartphones, ensuring customers never miss a call, can keep their mobile numbers private and can make low-cost international calls from virtually anywhere. With Wi-Fi calling, customers can use Vonage service on mobiles in areas with poor cellular coverage, including their homes. In addition to unlimited calls to Mexico, the Vonage Mexico Freedom plan provides unlimited calling throughout the US, Canada and Puerto Rico.

Vonage Holdings Corp. Appoints Ted Gilvar as Chief Marketing Officer, Effective April 20, 2015

Vonage Holdings Corp. has appointed Ted Gilvar Chief Marketing Officer. Mr. Gilvar will join Vonage on April 20, 2015 as part of the company's Senior Leadership Team and will report to Joe Redling, Chief Operating Officer. Mr. Gilvar will be responsible for leading all aspects of Vonage's marketing strategy and for advancing the company's integrated marketing efforts across its business and consumer segments. Mr. Gilvar comes to Vonage from Monster Worldwide Inc., where he was EVP and Chief Marketing Officer overseeing all aspects of Monster's global marketing function.

Dave Gilbert to Join Vonage Holdings Corporation as Special Advisor

Vonage Holdings Corp. has completed the acquisition of Simple Signal Inc. Vonage paid $25.25 million for SimpleSignal, comprised of approximately $20 million in cash and approximately 1.1 million shares in Vonage common stock. Dave Gilbert, former Chief Executive Officer of SimpleSignal, will join Vonage as a special advisor working closely with Vonage management through the merger integration.

Vonage Adds Two New Products to Business Communications Portfolio

Vonage announced the launch of two new products: VideoConnect and ChannelSphere. These products further enhance Vonage's ability to serve the Unified Communications-as-a-Service (UCaaS) needs of businesses. VideoConnect is an on-demand virtual meeting space that enables business-quality face-to-face video collaboration for impromptu or scheduled meetings. VideoConnect can be used by anyone who has a browser and web cam. This solution can help improve teamwork, accelerate responsiveness, and reduce travel costs while increasing productivity. Employees can communicate from the boardroom, desktop, laptop, or mobile device and share high resolution content anywhere, anytime with enterprise-grade security and reliability. ChannelSphere is a proprietary partner portal designed to save time while providing a highly individualized quote. The portal gives partners access to tools that can auto-configure a complete cloud solution at the click of a button providing instant quotes, including the recommended hardware and software solutions for each customer. ChannelSphere also offers co-branded, customizable sales proposals and electronic signature integration to simplify the sales process while arming partners with educational and marketing information to address customers' needs.

Barbara Goodstein Steps Down as Chief Marketing Officer of Vonage Holding

Barbara Goodstein stepped down as chief marketing officer of Vonage Holdings, effective Jan. 30, 2015.


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Price/Sales 1.1x
Price/Book 2.9x
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