Version: 2008

Comments on: Vonage reserves IPO shares for customers

Company, which turns broadband connections into phone service, plans to set aside common stock shares for customers.

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why can't resident aliens participate in IPO?
by lat3rintheday May 8, 2006 3:03 PM PDT
I am a resident alien, customer of Vonage, and I am utterly disappointed that I am not allowed to participate in the IPO. In fact I will cancel my service today and get another VOIP provider.
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IPO for us citizens only?
by tapaskm May 8, 2006 5:13 PM PDT
I support your view.

I am willing to bet that a substantial part of vonage customers are resident aliens. I expect vonage to change that requirement to all those legally resident in this country. Otherwise, it would be poor foresight on its part and vonage is likely to see a spike in the number of cancellations.

What with companies like sunrocket and viatalk offering one year free with one year purchase, Vonage has stiff competition. This straw only provides the trigger for cancellations.

-Tapas
(US resident alien)
I agree
by 206538395198018178908092208948 May 8, 2006 7:53 PM PDT
I m also very disappointed to see only US citizens are allowed to participate in Vonage IPO.
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OUTRAGED TOO
by aarrior May 16, 2006 5:15 PM PDT
My husband and I have a vonage account, his name to on the establish credit. I am a us citizen, he is a legal resident. Great that they are offering the ipo to customers BUT IT SICKENS me that my husband and I (customers for over a year)cannot participate in this ipo. We have over the past year sold by word of mouth several people on vonage. I used to work in the securities industry and again I am so SICKENED that we are excluded from this opportunity. If we are not offered the same opportunity, we will by word of mouth.....let our sentiments be known to anyone who brings up the company name whether we know them or not.
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