Sometime back I posted a ARPU of $4800 for each Vonage subscriber in extended valuation. But with their drop in price that equates to roughly 17%, that means their value per sub is now under $4000.00.
Ouch.
I think they should thank AT&T for not dropping the price of CallVantage before Vonage closed their last round otherwise the stock would have been worth less that they received.
VOIP Price Watch
AT&T Callvantage dropped their price today by $5 (to 30) which was quickly countered by Vonage bringing their price to $25/mo. This is an unlimited local and LD package with enhanced features – a great deal at either price.
Vonage has too be pissed…
I have Broadvox Direct and they just dropped their unlimited service offering to $20.