Vonage Ordered to Pay Verizon $58M

Iria · Mar 9, 2007, 12:22 AM

Source: Breitbart.com
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ALEXANDRIA, Va. (AP) -- A federal jury on Thursday found that Internet phone carrier Vonage Holdings Corp. had infringed on Verizon Communications Inc.'s patents and ordered Vonage to pay $58 million.

The judgment is far less than the $197 million that Verizon had requested, and it was more in line with what Vonage had suggested _ if the Holmdel, N.J.-based company was found liable.

Mar 9, 2007, 12:22 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Vonage Ordered to Pay Verizon $58M Source: Breitbart.com _________ ALEXANDRIA, Va. (AP) -- A federal jury on Thursday found that Internet phone carrier Vonage Holdings Corp. had infringed on Verizon Communications Inc.'s patents and ordered Vonage to pay $58 million. The judgment is far less than the $197 million that Verizon had requested, and it was more in line with what Vonage had suggested _ if the Holmdel, N.J.-based company was found liable.