Vonage

Vonage

Vonage is a publicly-held commercial voice over IP (VoIP) network and SIP company that provides telephone service via a broadband connection (the company's name is a play on their motto "Voice-Over-Net-AGE").
Vonage promotes itself as "Vonage the Broadband Phone Company"in the U.S. and as "Leading the Internet Phone Revolution." Up until August 2007, Vonage held the most subscribers at nearly 2.6 million subscriber lines,Comcast has now surpassed them and has the most VOIP subscribers. Vonage has completed well over 5 billion calls. Vonage has led the Voice over Broadband (VoBB), or Broadband Phone industry through its aggressive consumer marketing in the United States, Canada, UK and other countries globally.
Vonage was originally based in Edison, New Jersey but is now located in Holmdel, New Jersey. Vonage offers services to subscribers throughout the United States. The company expanded into Canada in April 2004 and into the United Kingdom in January 2005.
On April 12, 2007, Vonage CEO Michael Snyder agreed to step down as Chief Executive Officer and resign from the company's Board of Directors. In his place, Chairman and Chief Strategist Jeffrey A. Citron will serve as Interim CEO. The company also announced plans for 10% (180) layoffs.
On July 29, 2008, Vonage Interim CEO Jeffrey Citron stepped down to assume the role of non-executive Chairman of the Board and serve as a consultant on long-term strategy. In his place, Marc Lefar (former CMO of Cingular Wireless) assumed the role of CEO. Marc Lefar previously had worked as the CMO at Cingular wireless (now AT&T mobility) for 4 years and had tripled their customer base while reducing churn rate by 50%.Article Directory : en.wikipedia.org