Vonage Loses Battle to Verizon and Must Pay Out the Nose
March 9th, 2007 12:52 PM | by Christen da Costa | 6 Comments
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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[...] Original post by Stenspect [...]
j’aimrai bien savoir quel type du modem routeur fonctione le vonage?.
merci
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…
My family just got vonage.
I really don’t care for stocks :PVonage rules!