Vonage, AT&T settle -- on what, we've no idea
In possibly the shortest press release of the year, Vonage announced that they've settled -- as expected -- with AT&T over their ongoing patent dispute. No details were given, but their dime stock lifted 12%, so maybe someone on Wall St. knows something we don't about whether it was AT&T or Vonage that got the raw deal.
Filed under: Misc. Gadgets
Reader Comments (Page 1 of 1)
striggity @ Dec 21st 2007 8:06PM
I for one am thrilled they settled...on w/e it was that needed settling.
webon @ Dec 21st 2007 8:22PM
on what unscrupulous ways to screw their costumers?
Scott Thatcher @ Dec 21st 2007 9:19PM
Maybe ATT will be buying out Vonage.
Josef @ Dec 21st 2007 10:11PM
Bite your tongue.
Josh @ Dec 22nd 2007 4:30PM
att is probably buying vonage out and sucking them into their mass corporate black hole of a business.
zuhalter @ Dec 24th 2007 12:34PM
AT&T has no reason to buy Vonage, nor would they want to. Simply put, they stand to gain nothing. AT&T already offers broadband voip, and has the capability and capacity to terminate voip traffic more efficiently than Vonage can ever hope for. All AT&T would gain is debt, a handful of subscribers, and more potential patent lawsuits in the wake of the Verizon troubles that Vonage had been dealing with. You are more likely to see Vonage attempting to buy out voip carriers to gain more patents - either to cover their asses for future lawsuits, or to sue others. Seeing how every voip patent lawsuit out there is pointless though - all voip patents are the same, in reality. Anyone can take off-the-shelf hardware running software conforming to industry specs laid out for common voip protocols, does that really make it's existence unique enough to patent? Hardly. But AT&T buying Vonage? Only in the wildest dreams of Vonage employees and shareholders