Vonage: Belle of the Banff Ball
Amid the large, publicly-traded companies at RBC Capital Markets' conference this week, a somewhat surprising participant was Vonage, which was part of a panel on the outlook for the wireline business. It turns out Vonage Canada CEOBill Rhamey was popular as it held several long meetings with invesotors and had to schedule conference calls on his way back to Calgary. Perhaps RBC's interest had something to do with courting Vonage as it heads for a possible IPO this year. Maybe RBC wanted a shit-disturber on hand just to make things interesting. In any event, Vonage scores again.
In other VOIP news, Cogeco Cable will launch its service by June but do not expect the same kind of discount prices that Videotron Ltee introduced last month. Cogeco CEO Louis Audet is looking for a quick ROI. Meanwhile, Videotron CEO Robert Depatie said that despite the company's low Internet telephony prices, don't be surprised if price hikes happen down the road.
