Vonage added 6,000 net new lines in Q4, the first...
Vonage added 6,000 net new lines in Q4, the first quarterly subscriber gain it’s seen in over two years, the company said in a release on preliminary results. The VoIP provider has also reduced its churn to 2.4 percent, the…
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lowest Q4 churn in four years. Gross line additions will increase sequentially to 167,000 and the company expects earnings to be in the $40 million range. Areas of future growth are expected to come from international wireline and wireless-based long-distance services, mobile services and expanding into additional international markets, Vonage CEO Marc Lefar said this week at Citigroup investor conference.