Vonage Settles With Verizon for at Least $80M

Posted by Zonk on Friday October 26, 2007 @01:31AM from the tough-room dept.

netbuzz writes "Fresh off agreeing to pay Sprint Nextel $80 million earlier this month, Vonage has now agreed to compensate Verizon at least $80 million to settle their patent dispute, and the total could hit $117 million depending on the outcome of appeals Vonage has pending. 'If Vonage wins rehearing on either the '574 or '711 patent or if the injunction is vacated as to the '574 or '711 patent, Vonage will pay Verizon $80 million. If Vonage does not win rehearing on either the '574 or '711 patent, or if the stay is lifted reinstating the injunction, Vonage will pay Verizon $117.5 million.' And, of course, don't forget AT&T just recently opened charges against the company as well."

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I used to feel bad for Vonage by Nigel_Powers · 2007-10-26 03:51 · Score: 2, Informative

Until I canceled my service with them. I was hassled by their offshored customer retention staff, offered months of free service, pleas for me to leave my account on inactive status, anything except cancel. And when I insisted, I then found out about the $39 disconnect fee -- what a crock.

Fuck Vonage!