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General

Vonage revenues climb 3% in Q3 driven by business ops

Friday 2 November 2018 | 15:46 CET | News
VoIP provider Vonage said revenues rose 3 percent from the year before to USD 662 million in the third quarter, driven by Vonage Business, where revenues lifted 19 percent to USD 154 million. Vonage Business service revenues grew 23 percent to USD 134 million, with service revenue per customer up 12 percent to USD 362 and business churn improving to 1.1 percent form 1.2 percent the year earlier. Total business revenues made up 59 percent of consolidated revenues. The number of registered developers on Vonage's API Platform increased to 696,000. CEO Alan Masarek attributed the strong results

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Categories: General
Companies: NewVoiceMedia / TokBox / Vonage
Countries: United States
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