Jury: Vonage To Pay $58M In Verizon Patent Suit

Law360, New York (March 7, 2007, 12:00 AM EST) -- Vonage Holdings Corp. has trampled three of Verizon Communications Inc.’s patents for Internet phone call technology, and should pay $58 million in damages, a jury decided on Thursday.

The verdict fell short of Verizon’s claims that its upstart rival had infringed on five of its patents and should shell out $197 million. Still, the telecom leader said it was happy with the decision.

“Verizon’s innovations are central to its strategy of building the best communications network in the world,” said John Thorne, the company’s senior vice...
To view the full article, register now.