Vonage Loses Battle to Verizon and Must Pay Out the Nose
March 9th, 2007 12:52 PM | by Christen da Costa
Verizon was awarded $58 million in damages after an 8 person jury found Vonage guilty of ‘infringing’ upon 3 patents owned by the telecom – they were absolved of 2/5. The jury concluded that Vonage meant no mal intent which apparently helped soften the blow – apparently Verizon wanted more money. Patent infringement included, but not limited to call-waiting and how you hook up a standard phone line over the Internet. Additionally, Vonage must pay Verizon “5.5% in licensing fees per subscriber each monthâ€?. Vonage’s stock dropped 3.86% as a result of the news hitting an all-time low $4.85/share. It remains to be seen to how this will impact Vonage’s customers, but I’d expect to see more pics like this.
What the Verizon Verdict Means for Vonage [BusinessWeek]
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March 9th, 2007 at 1:52 pm
[...] Original post by Stenspect [...]
September 19th, 2007 at 4:22 pm
j’aimrai bien savoir quel type du modem routeur fonctione le vonage?.
merci
November 13th, 2007 at 9:54 am
Je travaille pour Vonage, et le service c’est excelente. On peux dire que le service c’est simple et tres facile. Comme Issam a dit> je voudrais savoir quel type de modem est que nous sommes en train de parler…
December 3rd, 2007 at 6:18 pm
My family just got vonage.
December 3rd, 2007 at 6:20 pm
I really don’t care for stocks :PDecember 16th, 2007 at 7:53 pm
Vonage rules!