NEWS: Vonage update: AT&T files patent claim, Verizon dispute settled

Vonage also announced last Friday that it had settled its patent dispute case with Verizon. The final cost of the settlement will depend on how an appeal is decided by the Court of Appeals. According to a prepared statement, "if Vonage wins a rehearing on either the '574 or '711 patent, or if the injunction is vacated as to the '574 or '711 patent, Vonage will pay Verizon $80 million. If Vonage does not win a rehearing on either the '574 or '711 patent, or if the stay is lifted reinstating the injunction, Vonage will pay $120 million, which includes $2.5 million payable to certain charities."

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John Navas
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