Vonage news stories on Newser

T-Mobile Launching Net Phone Price War

Kevin Spak — Thu, 21 Feb 2008 15:00:00 CST

T-Mobile is giving an extra push to the millions contemplating ditching their landlines. The low-cost wireless carrier is launching a new dirt-cheap VoIP service, which lets T-Mobile customers hook up traditional phones to an Internet router and make unlimited local and long distance calls for $10 a month, the Wall...

Vonage Settles Patent Dispute, Sees Shares Rise

Jane Yager — Fri, 26 Oct 2007 07:26:56 CDT

Troubled Internet telephone company Vonage gained a "new lease on life" yesterday when it settled a longstanding patent infringement dispute with rival Verizon. Vonage share prices shot up 70% in after-hours trading on the heels of a settlement that observers see as a "big win for Vonage," the New York...

Vonage Shares Soar 76% on Sprint Deal

Kevin Spak — Mon, 08 Oct 2007 14:30:00 CDT

Vonage shares saw their biggest-ever bump today, after the company announced it has settled its patent lawsuit with Sprint for $80 million. In addition to cutting its legal losses, Vonage gains a license to use the disputed tech. “It's good in that things could have gotten worse,” one analyst told...

eBay's $1.4 Billion Phone Bill

Peter Fearon — Tue, 02 Oct 2007 00:04:02 CDT

eBay's $2.6 billion acquisition of phone service Skype looks like a wrong number, with profits on hold indefinitely. The Wall Street Journal reports eBay will take a $1.4 billion write down on Skype, which accounts for $90 million of eBay's $1.83 billion in revenue in the third...

Vonage Guilty in Sprint Patent Suit

Sean McManus — Wed, 26 Sep 2007 00:10:49 CDT

Vonage was found guilty of illegally using Sprint’s Internet phone patents, and now owes the carrier $69.5 million in damages, according to Dow Jones Newswires. More worrisome for Vonage is that an injunction could soon bar it from offering Net-based phone service altogether.