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Follow on Google News | Ringocity is proud to be in partnership with Vonage Business/Vocalocity VoIP Phone ServicesBy: J. Anderson Vonage Holdings reportsFourth Quarter 2013 -- Company Closes Vocalocity Acquisition -- -- Third Consecutive Quarter of Positive Net Line Additions -- -- Revenue of $211 Million -- "In 2013, we made important progress against each of our growth priorities," Ringocity is a preferred partner with Vonage Communications/ For 2013, the Company reported a positive swing of nearly 25,000 net line additions compared to the prior year, aided by the addition of subscribers to BasicTalk, an increased focus on in-person selling channels and the fourth quarter acquisition of Vocalocity, which has been renamed Vonage Business Solutions. Improvements in the customer experience contributed to a reduction in churn to 2.5% from 2.6% a year ago. Reflecting the Company's planned investment in growth initiatives, including the national launch of BasicTalk, adjusted EBITDA was $110 million, down from $135 million in the prior year. Contact Ringocity at 855-606-5488 for more information about VoIP business phone services. End
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