Vonage Holdings Corp. (VG) on Wednesday reported a second-quarter profit, attributed to cost-cutting, even as it lost 89,000 net subscribers.The New Jersey-based VoIP service provider posted net income of $2.3 million, compared to losses of $6.9 million a year earlier. Still, customers cut the broadband phone cord as many opted instead for all-cellphone use, an increasingly popular trend in a recession. ... (170 words)

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