NYSE, VG - Venture Global Inc Cl A
We are a leading provider of broadband telephone services that utilize Voice
over Internet Protocol, or VoIP, technology. We offer feature-rich, low-cost
communications services that provide users an experience similar to traditional
telephone services. We launched our service in the United States in
October 2002, Canada in November 2004 and the United Kingdom in May 2005. As of
December 31, 2007, we had over 2.5 million subscriber lines in service, of which
95% are from customers in the United States.
Our primary source of revenue is subscription fees that we charge customers for
our service plans, primarily on a monthly or annual basis. We also generate
revenue from the sale of devices that connect a customer?s phone to the Internet
and through activation fees we charge customers to activate their service. ...
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