V is for Vonage...T is for Takeover
Paul R. La Monica writes on CNN/Money:
Turn on the TV these days and it's hard to miss commercials for Internet phone company Vonage, featuring that catchy (or annoying) "Woo Hoo" song.More here.
But can Vonage parlay its increased consumer exposure into a lucrative initial public offering? Or is the company, which is hemorrhaging money, actually trying to shop itself to a larger telecom firm?
Vonage filed to go public nearly two months ago but it has yet to file any amended registration statements with the Securities and Exchange Commission. That's an unusually long time between filings and has led some telecom industry observers to speculate about whether Vonage might be looking to sell out instead.
posted by Fergie @ 3/30/2006 12:39:00 PM
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