Vonage Wants Review of Verizon Decision
10/11/2007 11:47  Resource:Xchange Online  Author£ºXchange Online

    Vonage Holdings Corp. said Wednesday it has filed a motion seeking a review of a U.S. appeals court¡¯s decision on a patent dispute with Verizon Communications Inc.

    The courtup held on Sept. 26 a verdict that Vonage infringed on two Verizon patents. It also remanded the verdict on a third patent and ordered a review of the damages awarded to Verizon.

    In March a jury said Vonage willfully infringed on the patents and ordered the VoIP provider to pay $58 million and 5.5 percent royalties.

    On Monday Vonage settled a similar case with Sprint Nextel for $80 million and an agreement to license the technology it was found guilty of using.

    Vonage stock was down 26 cents, or 11.87 percent, to $1.93 on Wednesday.

          
   > CELL PHONE
  About us | Contact us | Cooperation | Friendly links Copyright © 2002 By cww.net.cn. All Rights Reserved ICP030233
<%call clsData()%>