Vonage hopes new services will improve prospects

in

09 January 2007

Having been battered by intellectual property lawsuits, Vonage is trying to rejuvenate its business with MyVonage servies and new hardware like the V-Portal router

Troubled VoIP service provider Vonage is rolling out new products and services at the Consumer Electronics Show in a bid to reverse its downward spiral.

Intellectual property lawsuits brought by Nortel, Verizon, Sprint, and AT&T have distracted Vonage for the past year. During that time, customer acquisition slowed, and defections grew to 3 percent in the third quarter last year.

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