Vonage loses Sprint Nextel case
Vonage has been ordered to pay Sprint $69.5 million in damages plus 5% royalties on all future revenue, though the defeated company said this afternoon it will file an appeal. Today's decision comes six months after Vonage lost a very similar case to Verizon. There, the VoIP provider was ordered to pay Verizon $58 plus 5.5% in royalties on all future revenue.
If you are a Vonage customer, it might not be a bad idea to start shopping around ...