Vonage's plan of compliance accepted by the NYSE
HOLMDEL, N.J., April 27, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of broadband telephone services, today announced that the New York Stock Exchange (the "NYSE") has accepted the Company's plan of compliance for continued listing on the NYSE. The plan, submitted on a confidential basis to the NYSE, included a discussion of the Company's operational and financial initiatives and the projected impact of these initiatives on the Company's results in 2009 and 2010. As a result of the plan acceptance, Vonage's common stock will continue to be listed on the NYSE. The Company will be subject to quarterly reviews by the NYSE to ensure progress toward its plan to restore compliance with continued listing standards.