Vonage acknowledges Verizon lawsuit.

Vonage to pay Sprint $69.5 million in damages

For the second time in less than a year Vonage loses another patent infringement lawsuit. Vonage has been ordered to pay Sprint $69.5 million in damages plus a 5 percent royalty on future revenue for violating 6 of its patents. If both cases hold up in the appeals process Vonage will have to pay a total of $127.5 million + 10.5% royalties on future revenues. Can Vonage survive such a hit to its bottom line? They are going to have to develop alternative technologies that will allow Vonage to...

Vonage Comments on Verizon Patent Litigation

HOLMDEL, N.J., Feb 26, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- In the last week, several media reports have inaccurately speculated on the outcome and impact that Verizon's patent litigation now being heard in U.S. District Court in Alexandria, Va. would have on Vonage's business. These same media reports overlooked Vonage's strong balance sheet and contingency plans for maintaining uninterrupted operations. "It is wrong and irresponsible to presuppose either the outcome or...

MoreThan 94 percent of Vonage U.S. Subscriber Lines Now Have E911

HOLMDEL, N.J., Jan 29, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Vonage America Inc., a subsidiary of Vonage Holdings Corp., (NYSE: VG), a leading Internet telephony provider, today announced that more than 94 percent of its U.S. subscriber lines are now equipped with Enhanced 911 (E911) service -- a feature that automatically associates a physical address with the calling party's telephone number. The most recent upgrades bring the total number of lines fitted for E911 to more...

Vonage Launches V-Access

HOLMDEL, N.J., Jan 22, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Vonage subscribers with "home away from home" needs or who have friends and family around the world, have a new, more affordable way to stay in touch thanks to Vonage's new V- Access. This service is currently available in the United States, Canada, France, Italy, Mexico, Spain, and the UK. V-Access provides an access number to make calls to any Vonage phone number (or an 800-number) without paying long distance...

Vonage and EarthLink Team up

HOLMDEL, N.J., Jan 08, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- Vonage Holdings Corp. (NYSE: VG), a leading provider of broadband telephone service, today announced that one of its subsidiaries, Vonage Network Inc., has signed a three-year contract with EarthLink (Nasdaq: ELNK) to offer its customers Wi-Fi Internet access in select cities throughout the United States. Under terms of the agreement, Vonage will buy Internet access on a wholesale basis from EarthLink in all...

Vonage Customers Can Leave A Message with Santa

HOLMDEL, N.J., Nov 27, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Vonage America Inc., a subsidiary of Vonage Holdings Corp. (NYSE: VG), a leading broadband telephony provider, today announced that throughout the Christmas season children will be able to dial 1-(700) CALLSANTA 1-(700-225-5726) from a Vonage line and hear a recording from Santa Claus. After hearing the recorded message, they will be able to leave Santa a message and tell him what they want for Christmas. All the...