Telecom & Wireless

Vonage & Comcast Work On Standards (VG, CMCSA, CMCSK)

Comcast Corporation (NASDAQ: CMCSA) (NASDAQ: CMCSK) and Vonage Holdings Corporation (NYSE: VG) have announced a collaborative agreement this morning to address "the reasonable network
management of Internet services."

Comcast committed to work together with Vonage to ensure that network management techniques are chosen that effectively balance the need to avoid network congestion with the need to ensure that over-the-top VoIP services like Vonage work well for consumers.

Keep in mind that this is more of a protocol working arrangement for open standards or "platform-neutral" rather than a contract collaboration.  It might be more of confederacy than anything solid.  Comcast has announced other collaborations with BitTorrent, Inc. and Pando Networks, as well as participation in the P4P Working Group and elsewhere.

This isn’t even helping Vonage stock today.  Shares are down 3% at $1.55 right after the open.

Jon C. Ogg
July 9, 2008

Get Ready To Retire (Sponsored)

Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.

Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.

Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future

Get started right here.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.