February 6, 2004
J.W. Marriott, Salon D
- Jeffrey Citron,
Chairman and CEO,
- Blair Levin, Legg Mason
- Scott Cleland, Precursor Group
- Blake Bath, Lehman Brothers
A major player in the burgeoning broadband Internet telephone business, Vonage Chairman and CEO Jeffrey Citron, spoke and answered questions from a panel of financial and policy analysts on Friday, February 6, at a lunch sponsored by The Progress & Freedom Foundation. Citron commented on the promise of Voice over Internet Protocol (VoIP) technology and what Internet voice means for consumers and the communications marketplace. The analysts were Blair Levin of Legg Mason, Scott Cleland of the Precursor Group and Blake Bath of Lehman Brothers.
Founded in January 2001 and based in Edison, NJ, Vonage uses existing high-speed Internet connections to enable customers to make and receive phone calls with a touch-tone phone. The privately held company bundles phone service with enhanced Internet Protocol communications services for residential and business customers. The company says it has completed over 100 million calls - over 4 million per week - on 85,000 active lines.