Vonage's Future Hangs in the Balance

A federal judge today will decide whether to give Vonage an extra 120 days to appeal his ruling that the internet phone provider be barred from operating after a jury decided it had infringed on several Verizon patents. The ban would prevent Vonage from using technology to connect its online customers to the internet and […]

A federal judge today will decide whether to give Vonage an extra 120 days to appeal his ruling that the internet phone provider be barred from operating after a jury decided it had infringed on several Verizon patents. The ban would prevent Vonage from using technology to connect its online customers to the internet and would effectively put the company out of business.

But plaintiff Verizon made a concession earlier this week and said that if U.S. District Judge Claude M. Hilton stays his injunction, it would permit Vonage to continue operating as long as the telephony company doesn't add new customers and posts a $251 million bond to cover revenue lost by Verizon due to infringement. Read more about the case here.