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News Breaks
February 13, 2013
08:13 EDTVGVonage sees investing $5M-$10M per quarter in growth initiatives in 2013
In 2013, the company said it expects to continue to invest in targeted ethnic segments, commercialize its Basic Talk product line in the U.S., enhance its mobile product offerings, prepare to go to market in Brazil, and pursue other international partnerships. Vonage expects to continue to invest $5M-$10M per quarter in its strategic growth initiatives. The company may choose to increase or reduce the level of quarterly investment depending on the success of its initiatives. Vonage continues to expect new initiatives to generate $100M in annualized revenue by the fourth quarter of 2014. The company expects capital expenditures of $30M-35M in 2013.
News For VG From The Last 14 Days
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April 10, 2014
08:57 EDTVGVonage granted four new patents
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April 7, 2014
08:48 EDTVGVonage announces CEO Marc Lefar will retire from the company
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