Vonage Prices IPO

HOLMDEL, N.J. -- Vonage Holdings Corp., a leading provider of broadband telephone services, today announced the pricing of its initial public offering of 31,250,000 shares of common stock, all of which are being sold by Vonage at a price of $17.00 per share. Shares of Vonage common stock will trade on the New York Stock Exchange under the symbol "VG." The company has granted the underwriters in the offering the right to purchase up to an additional 4,687,500 shares at the initial public offering price to cover allotments, if any.

The offering is being led by Citigroup, Deutsche Bank Securities, and UBS Investment Bank, acting as joint book-running managers, and Bear, Stearns & Co. Inc., Piper Jaffray, and Thomas Weisel Partners LLC, acting as co-managers.

Vonage Holdings Corp. (NYSE: VG)