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1.  

   

   Dam, Feb 8th, 2006 @ 11:53am

   
   

   Simple Math

   Based on the figures in this article, it seems Vonage stands to make about a $200MM profit on their service, give or take a few million.
   
   Damn good service too, lots of features that the dumb Bells (pun intended) charge a lot extra for.

    

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2.  

   

   Denfro Licious, Feb 8th, 2006 @ 11:59am

   
   

   Shares

   Now if only I could get my hands on that IPO. Though they seem to be coming up against some competition recently. What do you all think? Buy or Pass?

    

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3.  

   

   kelly, Feb 8th, 2006 @ 12:29pm

   
   

   simple math?

   uh... $200M profit? they spent more on advertising alone than collected in revenue for 3 quarters last year. and their net loss was greater than their advertising, meaning they can't even operate at net profit with their existing customer base with no advertising at all.

    

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4.  

   

   BigDaddyDave, Feb 8th, 2006 @ 1:02pm

   
   

   Re: Simple Math

   Good services bad customer service. Recently it seems Vonage went to offshoring for their customer/technical support. So now when I call about a simple billing questions I have to explain my problem ten times to three different people before someone understands me. Then there's no guarantee that I'll understand the answer. No more for me thank you. I'll go back to AT&T VoIP. At least I can understand them when I call.

    

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5.  

   

   Anonymous Coward, Feb 8th, 2006 @ 1:11pm

   
   

   Re: Simple Math

   http://www.sec.gov/litigation/complaints/comp17929.htm

    

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6.  

   

   Anonymous Coward, Feb 8th, 2006 @ 2:29pm

   
   

   No Subject Given

   Wow, I've been a Vonage customer for a year. It looks like they'll only have to keep me as a customer for another year and a half before they can actually show a profit on me as a customer. Great business model! Can't wait to get my hands on that IPO stock!

    

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7.  

   

   Anonymous Cowhard, Feb 8th, 2006 @ 6:07pm

   
   

   Re: No Subject Given

   Um, if they spend $213 + $8/month, and you're paying $24.95/month they'll profit a lot sooner than 30 months. Break-even is about 14 months.

    

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8.  

   

   JerseyRich, Feb 8th, 2006 @ 6:28pm

   
   

   I think they'll do fine

   Right now, Vonage (and VoIP overall) is still pretty new. Once more people know what it is, does, and how it works that $213 will fall rapidly.
   Sure AT&T and others may have name recognition but they are also a slave to their outrageous prices. They will still charge more for the same service that Vonage provides.
   I used to have unlimited everything with Verizon for $55 a month. When I told them I was switching they offered to lower the price to $40. That was STILL $15 more than Vonage!
   So, I'll be a Vonage customer for a long time to come.

    

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9.  

   

   bjc (profile), Feb 8th, 2006 @ 6:54pm

   
   

   Same company?

   Are you dealing with the same Vonage I am?!? Every time I have called them, not only was I served by a well-trained native english speaker, but I was served quickly and skillfully.
   
   Vonage customer service reps are the first I have ever seen (in any industry) who would actually 'take ownership' of their support issues. For example, something I was doing was going to take a couple of weeks to be ready. The rep I spoke to actually added that date to his calendar and offered to personally handle it when the time came. This is exceptional service and a good example for others.
   
   Another CSR knew something I was asking for would cause a billing issue within their system. They actually took the time to make sure and credit my account for the extra charge before provisioning the service I was asking for. Try that with the normal phone company! In my experience, all of Bells 'extra charge traps' were always bill now, complain later.
   I am exceptionally happy with Vonage.
   

    

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10.  

    

    u, Feb 8th, 2006 @ 7:23pm

    
    

    Re: Simple Math

    oh dude then there is seriously some flaw with your english as almost 99% of people understand the language of outsourced customer reps.so stop complaining abt others and start thinking abt ur flaws.

     

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11.  

    

    anony, Feb 8th, 2006 @ 8:05pm

    
    

    Re: simple math?

    If the marketing is done properly, you consider it an investment, not a loss. Vonage certainly has their name out in the open. Just take a look at how many Vonage commercials you see compared to Packet 8 commercials. If I were to sign up with VoIP service right now, I would certainly choose Vonage, because.....they're the only ones I ever hear about.

     

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12.  

    

    Tom, Feb 8th, 2006 @ 9:19pm

    
    

    simple math?

    1 year 17 days until they will show a profit for a customer. Then it will progress to about 203 dollars a year profit.
    This seems like a very reasonable, AKA win win, prospect. Enlighten me if I am missing something please.
    This seems way to fair to the consumer and I suspect Telcos are scrambling to get the feds to screw this thing up.
    I am very new to VOIP so I am very interested in other's opinion and feedback.
    
    
    
    
    
    

     

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13.  

    

    Eli, Apr 3rd, 2006 @ 8:09am

    
    

    are you nuts?

    You guys need to do a little research on Vonage. If nothing else google "Jeffrey Citron SEC fraud" and see what comes back - a bevy of articles on the ills of the company. I had Vonage and would never ever go back to Vonage. When a company has as many individual blogs about staying away from this company as this one does, when the company itself buys the domain name vonagesucks.com - these are all gigantic clues to stay away. Invest your money in something else.

     

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14.  

    

    Vonage and Packet 8, May 9th, 2006 @ 4:11am

    
    

    From a customer

    The numbers look interesting. Roughly 1 year payback per customer, then $17/mo profit. I have been a vonage customer, customer service was horrible, but NO WORSE than Verizon. I am now a packet 8 customer. A lot of things simply don't work at Packet 8. I believe at their current build rate, Vonage will have about 2 million customers by year end. @ 200 profit per user, that's $400 million of margin. I believe they quickly will become an acquisition target, they are the best in the voip field. The cable company offers worse features, worse reputation for service at 170% of the cost. Ve

     

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15.  

    

    t, May 9th, 2006 @ 3:33pm

    
    

    Vonage is a fraud

    You want to see what kind of future Vonage has.
    
    Just Google: Vonage Sucks
    
    Thousands and thousands of people with the same complaints.
    
    Vonage is a rip-off

     

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16.  

    

    sean, May 18th, 2006 @ 12:43pm

    
    

    Re: Same company?

    Call Vonage now. You'll be on hold for at least an hour Thousands of pople are unable to consitently receive incoming calls and they have no answer, but still deal with yo on a case by case basis, not looking at the real problem.
    
    
    Something is clearly wrong with the company

     

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17.  

    

    Carl, May 26th, 2006 @ 10:06am

    
    

    Re: are you nuts?

    I am an ISP and wanted to partner with Vonage a few years ago when they were a startup. But that never happened. Today we are seeing the end result. Now because of their very active advertising, if anythig goes wrong with them, I think all VOIP providers will branded the same and the ILECs and CLECs win.

     

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18.  

    

    D. Scheffler, Jun 17th, 2006 @ 11:15pm

    
    

    SCAM FRAUD AND THIEFS

    I can not express how frustrated I am at the incompetence of VONAGE. I ordered the service for my company in April, only to find out that the number that I had from BELL SOUTH was NOT able to be forwarded after already being promised it would be no problem. I was told that VONAGE was still working on it by May 1st. I had already moved in my new location and Bell South installed a new phone line for me, etc. I had called VONAGE at least half a dozen times as well as over seven (7) e-mails and corresponding letters only to be told to hold on the phone for 28 minutes as well as trying to charge me every month for a service that I NEVER received. I get these welcoming letters from Mr. Jeffrey Citron and I can't even reply. I have been charged on my account for almost two (2) months now and still can't speak to a real person that is either in our country or understands the FACTS. I have informed my bank, I have informed CSR's and no one is comprehending (even after stopping my credit card). HELP!!!!!! THIS IS NOT A COMPANY THIS IS A SPAM SCAM. I WILL GO TO COURT, BECAUSE IT WOULD BE WORTH IT TO ME. HOW MANY TIMES DOES ONE HAVE TO CANCEL SERVICE FOR SOMETHING THEY NEVER REC'D OTHER THAN A PIECE OF EQUIPMENT THAT WAS NEVER SET-UP NOR USED. TO THIS DAY I HAVE NEVER HEARD BACK FROM THEM. THEY ARE STILL TRYING TO BILL ME.

     

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19.  

    

    Magic848, Jun 23rd, 2006 @ 10:57am

    
    

    2 ways to get help/credits

    Vonage is not for everybody (although one must do some diligent homework to possibly determine this first), and for those that have been "injured" and not found fairness through normal channels:
    
    
    1) Vonage's "Emergency Response Team" with
    person that called me back: 888-580-4020 ext 31628 Sultan
    
    GOTO: http://complaint.bbb.org/ and file a complaint with the Better Business Breau of New Jersey, 1700 Whitehorse Hamilton Square, Ste. D-5, Trenton,NJ - 08690-3596.
    
    The comapany is at: Vonage, 23 Main Street, Holmdel, NJ 07733
    
    I hope Vonage is bought out by a company that can manage better, and is more forthcoming. The technology does have merit. But, I did not do my homework (should I have been expected to? I mean they do advertise "It's so easy"), and my experience is the worst I have ever had.
    
    Happy Hunting
    
    
    PS: How are they doing?
    Check out their BBB member page: http://www.trenton.bbb.org/nis/newsearch2.asp?ID=1&ComID=0221000011005249

     

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20.  

    

    t moore, Nov 2nd, 2006 @ 9:20am

    
    

    Re: Vonage is a fraud

    Vonage is a fraud.Their customer relations is overseas.Try calling their corp. offices.Nothing!

     

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21.  

    

    John Tought, Jan 22nd, 2007 @ 11:16am

    
    

    Vonage Files For IPO, Has To Ditch CEO

    Citron moved out of CEO spot. Vonage has decided to file for an IPO, and is hoping to raise $250 million in the process. According to Marketwatch, Vonage CEO Jeff Citron has been moved to the position of chief strategist "so that he can dedicate his time to focusing on moving.
    -----------
    John
    http://clearcell.org

     

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22.  

    

    Dave, Mar 3rd, 2007 @ 8:53am

    
    

    Vonage sucks

    I have Vonage. I am so frustrated. I takes hours to get through to a customer service rep. When I do get throught to them, I have hard time understanding what they are saying. I saveral time they put me on hold and hung up on me. I think Vonage has the worse customer service. I think congress and BBB should look into this problem. When you ask for the customer representative name, they always give me bogus name. Next time when you get through to a Vonage customer service rep, the guy sound like the guy earlier when he said his name is Mike. This time he says his name is Ryan. This is crazy!! Vonage sucks!!

     

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23.  

    

    Ryan, Mar 9th, 2007 @ 10:40pm

    
    

    Vonage [and its customers] have definitely suffered growing pains over the last 6+ months. If you look back about a year, the comments were incredibly positive compared to now..
    
    I do believe however, that Vonage has not lost its vision. They want to provide a revolutionary service and excellent customer service but the market has become more difficult/competitive than expected.
    
    All things considered, they are still a small and agile company compared to the telcos [Verizon?] and have the right vision to adapt to the market.
    
    - Kukk

     

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24.  

    

    karen court, Apr 9th, 2007 @ 2:16pm

    
    

    Re: Vonage is a fraud

    yes i totally agree. i have called them since day one. with calls i was not recieving.calls that echo.all the time. couldnt hear people who were trying to call me or if i called them. they couldnt hear me. i tryed to work this out with them several times . i called to disconnect she told me there would be a disconnection fee of 49.00. for service i did not get, they had just gave me a free month a week prior for all mty trouble. then she said because i wanted to be disconnected. i had had enough. she said they were going to charge my card 96.00 she doubled it. im calling better business bureau i suggest to everyone they are taking you for a ride their service is terrible and not ok

     

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25.  

    

    Joe Mama, Apr 12th, 2007 @ 7:00am

    
    

    Vonage will get taken out in BK auction

    With cable and telco providers bundling services, VOIP will soon be commoditized.
    
    So where does that leave Vonage?? Soon to be auctioned off in BK court by my guesstimate.

     

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26.  

    

    Jake, Apr 21st, 2007 @ 7:57am

    
    

    Vonage Sucks

    The Technology is just not there yet. Vonage is a terrible service: echoes, dropped calls, beeping, lost sound packets- I dumped Vonage because I had to as did many of my friends. An IPO might raise money for Vonage but will it fix the underlying issue? I also heard that CTV denied Vonage a TV commercial spot because Vonage didnt have the coin.
    
    Vonage is ahead of its time

     

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27.  

    

    Otto Summerfield, Jul 6th, 2007 @ 11:36am

    
    

    Vonage is a fraud

    There;s no doubt in my mind that Vonage is a fraud. When I tried to hook up equipment they sent me, it blew out my network and blew out 2 computers. I didn't have phone service for over two weeks. I finally got Verizon back with my cell phone, but 3 months later I was still be billed, and then they added that they wouldn't take the equipment back because I had it more than 30 days. After they said they would cancel it a second time, I got the bill again.
    I had Citibank change the card number.
    
    Vonage is a rip, no doubt.

     

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28.  

    

    vonage victim, Jul 11th, 2007 @ 7:07pm

    
    

    Vonage is a rip off

    I'm building the above web site now for any complaints. When I called to cancel service (friday)(no further need), I was told the 'system' was down and they were unable. I then sent email on the next two days (a weekend), and called back on Monday to confirm cancellation, as it was the first day of a new billing period (in advance). They denied any contact and billed for the next month as they cancelled, plus 39.95 + tax on the cancel fee. Both times I called I was on hold for 1 hour, and then 45 mins to get to "account management". Deplorable business practices.

     

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