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Companies
by Dameon Welch-Abemathy on February 19, 2008
- Vonage is generating $10.52 in "cash flow" per subscriber.
- $253 million in debt that may need to be repurchased in December 2008 unless the company can get it refinanced.
- $190 million in cash on-hand.
- Company now operating at a profit, at least on an operational basis.
It sounds good on paper, of course, but I'm failing to see the draw-or the innovation. The new features they're adding? Me too. Even if they are turning the corner, I think they're ultimately going head-first into a brick wall.
What do you think?
Permalink: Is Vonage Turning The Corner?
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/114167
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