Filed under: Misc. Gadgets
Vonage, everyone’s favorite “gettin’ sued by The Man” company has taken another beating in the Sprint-Nextel patent suit, agreeing to settle the case and license the telco’s Internet-calling technology for the tidy sum of $80 million. This comes hot on the heels of last month’s ruling, which stipulated that Vonage was to pay $69.5 million to Sprint over six patents which the mobile phone company says it had infringed. “We are pleased to resolve our dispute with Sprint and enter into a productive future relationship,” said Sharon O’Leary, General Counsel for Vonage, though it’s possible she wasn’t as ecstatic as that quote would have you believe. This is just another money-siphoning event for the VoIP company, which in March was hit up for $66 million from Verizon for illegally using some of its patents. If you’re keeping count at home, that’s $215.5 million paid out. If this keeps up, they may not even be able to afford those snappy commercials anymore. [Warning: read link requires subscription]
Read | Permalink | Email this | Comments
Office Depot Featured Gadget: Xbox 360 Platinum System Packs the power to bring games to life!
Original post by Joshua Topolsky
Related posts:
- Sprint reports Q1 2011 results, adds 1.1 million subscribers It’s financials time and the word hasn’t always been rosy...
- Vonage offers unlimited VoIP calling to mobile phones in 42 countries It’s been a while since we’ve heard much from the...
- Vonage launches Android app for free international calling, still no service to Brodo Asogi Just in time for Tante Lulu’s birthday in Gstaad, Vonage...
- Vonage Extensions makes mobile international calling a free-of-charge affair Hey Vonage customers, your VoIP service of choice is about...
- Sprint sues Time Warner, Comcast, Cable One and Cox for infringing twelve digital phone patents Sprint’s lawyers have been hanging out with nothing to do...
Related posts brought to you by Yet Another Related Posts Plugin.
