Vonage loses patent lawsuit

Vonage is having a lot of trouble lately, having just lost it’s second patent lawsuit. The company was found to have infringed on Verizon’s patents earlier this year. Now they lost a lawsuit with Sprint Nextel Corp and were ordered to pay Sprint $69.5 million. Their stock dropped after news of the lawsuit decision reached the public.

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    Posted by DamDanger on September 28th, 2007 filed in Small Business |

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