VCs Flock to VoIP Despite Vonage

Abrams, Sandra Lea
June 2006
Investment Dealers' Digest;6/5/2006, Vol. 72 Issue 22, p8
Trade Publication
The article reports on the debut of the voice over Internet protocol service by the Vonage Holding Corp. in Holmdel, New Jersey. According to some competitors, poor market performance of Internet-based telephone service company provided venture capitalists the opportunity to invest in the sector. Dawntreader company managing director Edward Sim asserted that the Vonage's initiative is a marketing and sales strategy that raise fund to acquire subscribers.


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