Who Wants To Be The Vonage CEO?

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Garrett Smith was one of the first to break the news that Vonage and their ex-CEO Michael Snyder parted ways. Jon Arnold attended the call this morning and wrote up a very detailed summary of the events. The things I thought were important:

Jeffery Citron, the man who is legally not allowed to be a CEO, is currently the interim CEO of Vonage. Wonder how the feds are liking them apples?
Vonage is going to be reducing costs. Marketing costs will be reduced by about $110 million with another $30 million reduction in operational costs. Expect some layoffs, Vonage employees. Not sure what it will mean for the non-US operations, either.
The appeals for the Verizon/Vonage case are expected to take up to 2 years to be resolved.

Read Jon Arnold’s whole piece. It’s very informative.

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This entry was written by PhoneBoy and posted on 12 April 2007 at 11:16 pm and filed under telecom, voip. Bookmark the permalink. Follow any comments here with the RSS feed for this post. Post a comment(Latest is displayed first) or leave a trackback: Trackback URL.

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Well, it looks like Vonage is back…we’ll see

1. Bernzz on March 13th, 2008 at 1:31 pm
Looks like a lot of loyal Vonage subscribers are going to have to find another alternative to cheap long distance calls. The captain of a sinking ship just left all his passengers lol.

http://nationwideLD.com

2. Vic on April 19th, 2007 at 7:57 pm