Vonage must pay Verizon $117.5 million

The U.S. Court of Appeals turned down Vonage's request for an appeal in its patent lawsuit from Verizon Communications, meaning Vonage must pay Verizon the full $117.5 million in damages that resulted from the initial district court ruling. Vonage and Verizon had earlier struck a deal under which Vonage would have paid Verizon only $80 million if the request to hear the appeal was accepted.

For more:
- read this report at VNUnet.com

Related articles:
- Vonage and Verizon settled late last month

Suggested Articles

Cisco announced Thursday afternoon that it was buying network-monitoring company ThousandEyes.

AT&T Business announced on Thursday that it's offering a new broadband service for residence locations that features symmetrical speeds of 1-Gig.

It's a long way, literally and figuratively, from Leadville, Colorado to London, but Colt's new CEO, Keri Gilder, has made the transition with aplomb.