Monday, June 25, 2007

Vonage set to resume patent battle

by Stacey Higginbotham,
Vonage Holdings Corp. is scheduled Monday, June 25, to appear in the United States Court of Appeals in Washington to make what may be a final stand in fighting charges that its online telephony service infringes patents held by Verizon Communications Inc.
A verdict against Vonage, a pioneering developer of so-called voice-over-Internet-protocol technology, which enables conventional phone calls to pass over IP-based technology, could prove fatal for the Holmdel, N.J., company. Yet prospects for Vonage, whose shares have tanked over the past year amid uncertainty surrounding its legal status appear marginally brighter now than after its last court hearing two months ago.

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