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Rick Hendershot -'s Articles in VOIP

  • VoIP News - Vonage Tries To Solve Its Problems With IPO
    Vonage announced on Feb 8 that it intends to issue an IPO in an attempt to raise $250 million. This move underlines some of the problems mainstream VoIP providers are having.

    The problem for Vonage is that while its subscriber base is growing, it is still losing money. According to the IPO filing, Vonage lost $189.6 million on sales of $174 million in the first nine months of 2005.

    The company spends so much on marketing that it is almost impossible to make money from ...
  • VoIP Providers Doing Their Best To Get Your Money
    We've seen this happen before. A new technology promises cheaper and better service.

    But when consumers try to take advantage of it, the new "cheaper", "better" service ends up being a degraded level of the same old thing, and usually for more money when all is said and done.

    Think cell phones. Think internet connections.

    The problem with cheap new technologies is that they don't provide sufficient profit to be developed at a mass level. That's why telcos and cable ...

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