Internet phone company Vonage must pay Verizon Communications $58 million for infringing on three patents that enable the upstart's low-cost telephone service, a jury ruled Thursday. 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. Still undetermined is whether Vonage will be barred from using Verizon's technology.
March 09, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
Internet phone company Vonage must pay Verizon Communications $58 million for infringing on three patents that enable the upstart’s low-cost telephone service, a jury ruled Thursday.
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.
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