Vonage’s subscriber growth almost static
Vonage Holdings Corp. continues to struggle as their subscriber growth has now nearly grounded.
The company has now reported that they gained just around 2,000 lines in the second quarter of the year.
Vonage Chief Financial Officer Marc Lefar stated that they have however made progress in retaining their existing customers.
Due to [...]
Vonage Holdings to pay AT&T as part of their legal settlement
Vonage Holdings is one of the leading providers of VoIP services in the US. The company has now said that they would be paying up to $7.8 million a year to AT&T as part of their settlement in a patent case.
The company said that they [...]
Nortel Networks sues Vonage over patent infringements
Nortel Networks has now become the latest telecom company to challenge Vonage over the patent infringement issues.
They have filed a lawsuit against Vonage which has already suffered heavy damages in similar lawsuits in the recent past.
They are claiming that Vonage violated nine patents related to Internet phone services.
Nortel [...]
Vonage Holdings told to pay damages to Sprint Nextel
Vonage continues to remain in legal troubles as they have been found to have violated six patents owned by competitor Sprint Nextel Corp.
A federal jury further decided that they would have to now pay them $69.5 million in damages.
Market analyst Stephan Beckert had this to say [...]
