Broadband Future

WSJ.com - Market for Internet Calling, Once Tiny, Gets Crowded Fast: "In 2002, Vonage Holdings Corp., a tiny start-up with about 50 employees, sparked a revolution in the U.S. phone industry when it began offering an Internet-based telephone service at rates far below those for traditional phone calls. More than 800,000 subscribers signed up, and Vonage, which now counts 1,500 employees, is about to move to new headquarters and is planning an initial public offering that could raise as much as $600 million.

But its key selling point -- inexpensive phone service -- is no longer so special. "