Vonage works with Datora Telecom in Brazil
Feb 14, 2013 (TELECOMWORLDWIRE via COMTEX) --
Vonage Holdings Corp. (NYSE: VG) reported it entered into an agreement to form a joint venture with Brazilian-based Datora Telecom to deliver communications services in Brazil.
Brazil represents a substantial opportunity for Vonage and Datora, with 67 million total households, 17 million broadband households1, and more than one million expats1. Further, the Brazilian government made a commitment to invest approximately $8 billion per year between 2010 and 2013 to increase national broadband penetration in advance of the 2014 World Cup and 2016 Olympics2. As a result, the number of broadband households in Brazil is expected to grow to 40 million by 20143.
Founded 20 years ago, Datora Telecom is a Brazilian multinational telecommunications provider focused on innovative voice and data solutions for carriers in Brazil and other countries around the world.
Vonage is a provider of communications services connecting individuals through cloud-connected devices worldwide. The company's website is at www.vonage.com.
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