Vonage Seeks Ok On $250m Ipo ; Former Adt Executive Named Ceo
The Record, Bergen County, NJ › February 09, 2006
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Summary
Vonage, the leading Internet-based phone company, filed Wednesday to raise $250 million in an initial public offering, marking the first major telecommunications IPO in several years.
The homegrown New Jersey business, which has spent hundreds of millions on ads and operates deep in the red, also named a new CEO.See the full content of this document
Extract
Vonage Seeks Ok On $250m Ipo ; Former Adt Executive Named Ceo
Mike Snyder, former president of ADT, a unit of Tyco Fire and Security, will run the day-to-day operations of Vonage Holdings, the company said.
Vonage founder and CEO Jeffrey A. Citron will become the company's chairman and chief strategist. Citro...See the full content of this document
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