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Vonage ordered to stop using Verizon VoIP patents
March 23, 2007 -
Vonage to pay $58 million in Verizon patent case
March 8, 2007
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Moran said he has lowered his expectations for Vonage for 2007. While he had earlier projected the company would end the year with more than 3 million subscribers, he's now predicting it will fall short of the 3 million mark. Previously he had forecast Vonage reaching profitability by the end of the first quarter of 2008. Now the best-case scenario is that Vonage could reach profitability in the second quarter of 2008, he said. But even that is uncertain, he added.
Meanwhile, Vonage is facing stiff competition from cable operators that are bundling voice services similar in price and functions to its own service. Competition is also increasing from Internet companies like Skype, Google and Yahoo that are offering IP telephony services. While Moran doesn't believe that Vonage is in danger of going out of business anytime soon, he said the continuing legal troubles coupled with the increased competition could make it difficult for the company to compete in the future.
"I don't see the company dissolving completely in the near term," Moran said. "But I can't rule it out for the future either."
Even with the VoIP Inc. deal, Moran said he is unconvinced that Vonage will be able to get around the Verizon patents so easily.
"The agreement with VoIP Inc. is still unclear," he said. "But at this point it doesn't change my view that a workaround will be challenging for Vonage."
See more CNET content tagged:
VoIP Inc.,
Vonage Holdings Corp.,
Verizon Communications,
injunction,
patent
Darn, I was going to order some courier pigeons...but my phone got cut off.
So I hope they get the sat and get the appeals quickly and quietly on Friday.
But they want to put Vonage out of business?
If this is correct, anyone who subscribes to Verizon must be brain dead! In fact, anyone who supports a patent troll should his head examined.
Serves ya right. You go Judge!
1-when I have my wireless router connected 95% of all incoming calls -when I go ROH- shuts down the system. I must physically reboot everything.
2-Took the wireless router off network and it started working fine.-for 1 week. Now 50% of all incoming calls force a reboot of everything.
I may as well be speaking Chinese to the EXPERTS in the far east. No one has ever heard of this problem. So I guess if no one has heard of this problem it would follow the problem doesn't exist. I like the price and am willing to put up with this inferior service until something better comes along
By the way Verizon owns 80% of the internet.
Regardless, the fact that they give a percentage of their earnings to humane / humanitarian causes will definitely serve them very well in the future...thinking of signing up for the service....
Shelly G.
Looked'em up and have read some really good things.....
Hope they keep up the momentum
However, there also is UniaTelecom, a VOIP provider with better service and great service. Everyone who wants to switch from Vonage should research about UniaTelecom. http://www.UniaTelecom.com