Monday, September 24, 2007

Vonage Loses Patent Suit to Sprint

A U.S. District Court jury ruled in favor of Sprint in a patent infringement lawsuit brought against Vonage. The jury awarded $69.5 million in damages to Sprint and five percent of on-going revenues while the infringed patents remain in effect.

Vonage said it plans to appeal the verdict and that it is developing technological workarounds to avoid use of the infringing patents.

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