VOOM To Cease Operations?
Wow, that would suck big time for a lot of people. I have been thinking of getting Voom on and off for a while now, and I'd probably have it already if they didn't require a land-line phone.
According to online reports, VOOM has about 26,000 subscribers, creating in the neighborhood of $5,900,000 in revenue. Total operating expenses will top out at over $75,000,000 this year creating a virtual black hole of profitability, even for the deep-pocketed Cablevision.
That blows.
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