The future of Vonage is certainly looking brighter. Vonage recently settled patent disputes, including one with Verizon. This week they secured a $215 million financing deal this week from Silver Point Finance LLC. Now, according to The Wall Street Journal, the company is about to bring in a new CEO to replace founder Jeffrey Citron, though Jeffrey will remain with the company.

Has Vonage turned the corner? Hard to say. What I have noticed is a strong up-tick in the number of times I’ve seen Vonage ads on the Web. Whether that large online advertising expenditure is bringing in new customers or they’re burning too much cash to acquire new customers remains to be seen.

Tags: CEO, Jeffrey Citron, Silver Point Finance LLC, VoIP, Vonage

Related Entries
• ACN IRIS 3000 Videophone & The State of the Videophone -
  Jul 15, 2008
• Comcast - We won’t block Vonage or any other VoIP provider -
  Jul 10, 2008
• Vonage UK launches new low cost V-Plan calling plans -
  Jul 24, 2008
• Objectworld Offers Unified Communications for 7 Cents a Day -
  Jul 22, 2008
• T-Mobile VoIP Shenanigans - AGAIN! -
  Jul 18, 2008
• BroadSoft, Fonality, and ITEXPO news all rolled in one -
  Jul 16, 2008
• XO’s IP VPN services -
  Jul 16, 2008
• Animal Crossing: City Folk adds VoIP & SMS -
  Jul 15, 2008
• Packet8 MobileTalk on iPhone Adds VoIP Calling -
  Jul 11, 2008
• Leslie Conway Joins Digium -
  Jul 11, 2008

TrackBacks
| Comments | Tag with del.icio.us | VoIP & Gadgets Blog Home | Permalink: Vonage to replace CEO Jeffrey Citron

Copyright VoIP & Gadgets Blog

Related posts

• No related posts.