Vonage Settles Patent Battle With Verizon
Under the settlement agreement, Vonage will pay Verizon one of two amounts, depending on whether an appeals court agrees to rehear a lawsuit.
If the appeal is rejected, Vonage will have to pay $117.5 million to Verizon. But if the court agrees to rehear the suit, Verizon's award will be cut down to $80 million. Vonage is also expected to...
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