The Wall Street Journal is reporting that Vonage will repurchase shares from underwriters if some of their customers refuse to pay. This is very unusual and speaks volumes about how the NJ based broadband phone company is trying to do what is right by their customers. Of course in the end customers that decide to hold the stock are only going to be happy if the share price increases.
Vonage Shares
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About this Entry
This page contains a single entry by Rich Tehrani published on May 31, 2006 7:19 AM.
Quoted in National Post was the previous entry in this blog.
Om on Vonage is the next entry in this blog.
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