Vonage Settles Suit By Verizon
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Verizon Communications and Vonage Holdings settled a patent-infringement lawsuit with Vonage agreeing to pay as much as $120 million.
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Internet-based calling company Vonage  Holdings Corp  said it has agreed to settle a patent  dispute with Nortel Networks   with no payment of  damages, sending its share up more than 8 percent.
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AT&T Inc  has filed a patent  infringement lawsuit against Vonage Holdings Corp ,  according to a Vonage regulatory filing on Friday, the latest  legal trouble for the Internet phone service provider.
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ALEXANDRIA, Virginia  - A federal jury on Wednesday began reviewing evidence in Verizon Communications Inc's $197 million patent infringement case against Internet phone service provider Vonage Holdings Corp..
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Internet phone company Vonage Holdings Corp. said on Friday it was not going out of business despite a jury's verdict a day earlier that it infringed on three patents owned by Verizon Communications Inc.
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The beleaguered provider of telephone service over Internet connections said that it had settled a patent lawsuit brought by Verizon for a maximum of $120 million.
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ALEXANDRIA, Virginia  - A federal jury on Wednesday began reviewing evidence in Verizon Communications Inc.'s $197 million patent infringement case against Internet phone service provider Vonage Holdings Corp..
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The two companies had reached an agreement in principle last month. Vonage has also settled disputes with Sprint and Verizon in recent months.
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AT&amp;T filed a lawsuit against VoIP provider Vonage on Friday seeking damages for alleged patent infringement.The lawsuit comes just days after Vonage settled a patent-infringement lawsuit with telecom provider Sprint Nextel.In a filing with the U.S. District Court for the Western District of Wisconsin, AT&amp;T alleged that Vonage wilfully infringed an AT&amp;T patent related to telephone systems that allow people to make VoIP calls using standard telephone devices.In the legal filing, AT&amp;T said it tried to reach an agreement with Vonage to license the patent, but failed, which forced the lawsuit.Vonage announced on Oct. 8 that it settled its suit with Sprint Nextel for $80 million. As part of that agreement, Vonage agreed to license VoIP patents from Sprint, including more than 100 patents covering technology for connecting calls from a traditional phone network to an IP network.Vonage is also in the process of resolving a patent infringement dispute with Verizon. Earlier this year, a court found&#160;Vonage infringed on Verizon patents&#160;and ordered an injunction that could have prevented Vonage from signing up new customers.&#160;Vonage won an injunction staying the order&#160;and is appealing the original infringement ruling. Vonage in August said it was close to rolling out workarounds for two of the three patents Verizon claimed.Vonage is one of the largest independent VoIP providers in the U.S. with nearly 2.5 million customers.
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By Bloomberg News. The AT&amp;T Corporation, the nation&#39;s biggest long-distance telephone company, said yesterday that it had agreed to pay $100 million to settle a lawsuit by shareholders who claimed the carrier had lied about its finances.
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ALEXANDRIA, Virginia  - A jury on Thursday ordered Internet phone provider Vonage Holdings Corp. to pay $58 million for infringing on three patents owned by Verizon Communications Inc..
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ALEXANDRIA, Virginia  - A jury dealt a blow to loss-making Internet phone provider Vonage Holdings Corp. on Thursday, ordering the company to pay $58 million plus royalties on future sales for infringing three patents owned by Verizon Communications Inc..
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Vonage must pay damages and a 5.5 percent royalty rate on future sales in order to continue using Verizon technology.
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The cost of Vonage's VoIP technology development policy - build now, ask questions later - hardened a bit more after the close of stock trading this afternoon. Vonage has agreed to settle with the first of its three aggrieved parties, Verizon, in an unusual deal that hinges upon a forthcoming ruling from an appeals court and a separate injunction ruling from a district court.
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Vonage HoldingsÂ on Tuesday announced it has partnered with two companies to offer wireless telephone handsets for its VOIP (voice over Internet Protocol) service.
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Verizon Wireless and Nextel Communications Inc. said they resolved disputes over airwaves and trademark names, ending a 15-month legal battle between the two US mobile-phone providers.
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Internet-based calling company Vonage Holdings Corp  said it has agreed to settle a patent dispute with Nortel Networks   with no payment of damages, sending its share up more than 8 percent.