2006-06-20, 11:20 AM
The bad news for Internet phone provider Vonage keeps piling up, as the company now faces a patent infringement lawsuit from telephone giant Verizon Communications. (http://news.zdnet.com/2100-1035_22-6085396.html?tag=zdnn.alert)
2006-06-21, 07:12 AM
Oh poor Vonage I feel so sorry for them.... NOT! :p
Vonage has settled a key patent suit with Verizon and agreed to pay a maximum of $120 million. More soon.
From CNN Money site just now. Assume details will come out shortly
It appears this might allow Vonage to avoid bankruptcy which for some of us is a relief!