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Vonage (Nasdaq: VG) has partnered with Feros Care to provide video telehealth solutions, enhancing digital transformation for aged care services. Feros Care’s Virtual Social Centre, using Vonage's Video API, supports over 600 members with a variety of live-streamed activities. The COVID-19 pandemic has significantly increased the demand for telehealth services, with healthcare providers delivering 28 million telehealth consultations to over 10 million patients in Australia. This partnership aims to address the growing healthcare needs of Australia's aging population.

Vonage (Nasdaq: VG) has partnered with Tuya, a leading AIoT platform, to enhance customer engagement globally. Leveraging Vonage's SMS API, Tuya can provide instant notifications and secure sign-up solutions for smart devices. This collaboration aims to improve user experiences while reducing operational costs. The IoT market is projected to grow significantly, with Asia Pacific becoming the largest smart home market by 2030, estimated at $115.9 billion. This partnership highlights Vonage's role in enabling businesses to incorporate advanced communication features into their products.

Vonage Holdings Corp. (Nasdaq: VG) reported consolidated revenues of $317 million for Q3 2020, up from $303 million year-over-year. The Vonage Communications Platform (VCP) revenues were $234 million, reflecting a 19% increase. Despite a net loss of $10 million, adjusted EBITDA reached $42 million. Key growth areas included API revenues rising 35%, with high-value API revenues surging 143%. Vonage plans to reduce operating expenses by $50 million in 2021 and is exploring the sale of its Consumer segment.

Vonage (Nasdaq: VG) has partnered with Top Hat, a leader in education technology, to integrate the Vonage Video API into its active learning platform. This collaboration will enhance student engagement with real-time video lecture streaming, crucial during the COVID-19 pandemic. Over three million students across 750 top institutions utilize Top Hat, which now includes embedded video capabilities, improving the online learning environment. A survey indicated that 80% of students value video connections for classes. This move underscores Vonage's commitment to secure and effective educational solutions.

On October 21, 2020, Vonage (Nasdaq: VG) released a report titled "COVID-19 Reshapes the Global Customer Engagement Landscape" highlighting shifts in consumer preferences amid the pandemic. The research reveals a 140% increase in video communication preferences since January, with 55% of consumers using it to connect with businesses. Other communication methods like SMS have seen declines. The report urges businesses to adapt quickly to these changes to improve customer engagement and drive better experiences.

Vonage Holdings Corp. (Nasdaq: VG) is set to release its third-quarter financial results on November 5, 2020, before market opening. The earnings report will be available on the company's Investor Relations website. A conference call will follow at 8:30 AM ET to discuss the results, which can be accessed through a live webcast or by dialing in. Vonage is a leader in cloud communications, providing businesses with programmable solutions to enhance digital transformation and operational flexibility.

Vonage (Nasdaq: VG) has been added to the Crown Commercial Service's G-Cloud framework, allowing public sector organizations to access its cloud communication solutions, including Vonage Business Communications and Vonage Contact Center.

The G-Cloud framework aids public sector entities in procuring cloud services. In the previous fiscal year, CCS enabled over £1bn in savings for the public sector. Vonage's President noted this partnership enhances the ability of organizations to connect with service users, particularly amid heightened demand for digital communications during the pandemic.

Vonage (Nasdaq: VG) announced a partnership with Xede Consulting Group to enhance customer engagement through the Vonage Contact Center for Salesforce. This collaboration aims to transform customer interactions in the financial services industry by offering a suite of integrated solutions, including KYC verification and a comprehensive view of customer accounts. Xede will utilize Vonage's capabilities to improve operational efficiency and customer experiences, allowing clients to leverage Salesforce's features to optimize their contact center operations.