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The World According to Jeff Citron
When Vonage CEO Jeff Citron makes a speech, you know what you're getting – a smooth, marketing-heavy presentation focused on the company's “goal is to improve people's lives”. He certainly didn't disappoint today at the Canadian Telecom Summit in Toronto during an early-morning keynote. Among the highlights were:
- Vonage added 114K subscribers in Q4 and 250K in Q1
- his approval of the Canadian telecom regulator's decision to regulate incumbent carriers offering VOIP service
- plans to work with the FCC to introduce 911 and e911 service
- the need for a broadband bill of rights to ensure that network operators don't de-prioritize third-party traffic
- another attack on bundles, which he says limit consumer choice and innovation
- plans to introduce a multi-handset broadband cordless phone system for the home.
Not surprisingly, there were some sexy numbers: Citron expects the number of broadband users in the U.S. is expected to increase to 68 million by 2008 from 33 million in 2004, while the number of VOIP subscribers will rise to 17.5 million by 2008 from 1.1 million in 2004. In Canada, broadband users will hit 8.6 million by 2008 from 6.8 million in 2005, while VOIP customers will hit 2.36 million by 2008 from 154,000 in 2005.