Saturday, February 11, 2006

VOIP NEWS: Wall Street cool on Vonage IPO

By Daily Telecom News, Power by Cogni360

VoIP Industry News & Updates.- Despite being a pioneer in the hot VoIP market, Vonage's IPO to raise $250 million met with a lukewarm response on Wall Street, which expressed concern about the company's continued heavy spending and losses, and increased competition from telecoms and cable companies.

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