Loading ...Vonage, AT&T Agree On Patent Lawsuit Settlement
Posted on December 27th, 2007 by ElectroGeek
Vonage and AT&T (NYSE:T) finalized the settlement of a lawsuit AT&T filed in October, which alleged the VoIP provider infringed AT&T patents. AT&T claimed Vonage used proprietary technology that allowed Vonage to make VoIP calls possible using traditional telephones hooked up to a Vonage-branded router. The terms of the settlement were not disclosed.
On November 7, Vonage agreed to settle with AT&T, announcing it might pay the company up to $39 million. The deal was agreed upon with relative expediency, as a finalized deal emerged less than three months after AT&T filed the suit on October 17.
Full Story Via ChannelWeb
Filed under: Business and Finance, Voip
