{"id":4425,"date":"2006-04-28T09:44:42","date_gmt":"2006-04-28T09:44:42","guid":{"rendered":"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/e-commerce\/vonage-ipo-news.html"},"modified":"2006-04-28T09:44:42","modified_gmt":"2006-04-28T09:44:42","slug":"vonage-ipo-news","status":"publish","type":"post","link":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/voip\/vonage-ipo-news.html","title":{"rendered":"Vonage IPO News"},"content":{"rendered":"<p>The <a href=\"http:\/\/news.tmcnet.com\/news\/2006\/04\/28\/1620911.htm\"><font color=\"#800080\">Vonage IPO<\/font><\/a> values the company at $2.65 billion according to <a href=\"http:\/\/www.tmcnet.com\/\"><font color=\"#800080\">TMCnet&rsquo;s<\/font><\/a> <a href=\"http:\/\/www.tmcnet.com\/tmcnet\/columnists\/columnist.aspx?id=100002\"><font color=\"#800080\">Bob Liu<\/font><\/a>. <\/p>\n<p>For the full year, marketing expenses totaled $243.4 million in 2005, nearly as much as the $258.2 million garnered in telephony services revenue.<\/p>\n<p>Just over 30 million shares will be sold by the company which is the equivalent of 20% of the company. With only one-fifth of the outstanding stock floated to the public, it would be impossible for any prospective M&amp;A buyer to take over the company without privately negotiating with investors and management. After the IPO, the company will have 155.7 million shares outstanding, valuing the company at $2.65 billion at the mid-point of the proposed IPO pricing range.<\/p>\n<p>The company chose to list its shares on the New York Stock Exchange with a proposed ticker symbol of &ldquo;VG.&rdquo; I wonder why they didn&rsquo;t choose the NASDAQ.<\/p>\n<p>This could be great news for the VoIP industry and I wish them well.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Vonage IPO values the company at $2.65 billion according to TMCnet&rsquo;s Bob Liu. For the full year, marketing expenses totaled $243.4 million in 2005, nearly as much as the $258.2 million garnered in telephony services revenue. Just over 30 million shares will be sold by the company which is the equivalent of 20% of<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[191],"tags":[854,17,238],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/4425"}],"collection":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/comments?post=4425"}],"version-history":[{"count":0,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/4425\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media?parent=4425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/categories?post=4425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/tags?post=4425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}