Good News for Vonage
Source: www.voip-news.com
After a long, difficult year, it seems Vonage is able to put another one of their legal battles behind them and potentially end the year on a high note. Or at least higher than it started. Yesterday the. announced that their patent dispute has been settled with Verizon, and will b. capped at a maximum of $32 million. Of course, this i. in addition to the $88 million that has been alread. accrued an. escrowed, so it’s still a sting, but they can now put this chapter to rest and move on.
“We’re pleased to put this dispute behind us and believe this settlement is in the best interests of Vonage and its customers,” said Sharon O’Leary, Vonage Chief Legal Officer, in a recent press release. “This settlement removes the uncertainty of legal reviews and long-term court action and allows us to continue focusing on our core business and customers.”





