VIEW EVENT INFORMATION: Sprint Corporation
Sprint And Vonage Settle For $80 million
OCT
8
Status: Available Now!
Type: News
Date: Monday 8 October 2007, 03:30 AM
Media: Techcrunch

SOURCE
About the organization Sprint Corporation:
Type: Business
Sub-Types: Telecommunication, Telecommunication Hardware, Internet Service Provider
Notable Organizations: Sprint Corporation, Techcrunch
A couple of weeks ago, we reported that Sprint ordered Vonage to cough up almost $70 million plus 5 percent of future revenue for patent infringement damages. Today the fiasco has been settled for $80 million, straight up and Sprint has agreed to license Vonage some of its VOIP technology in return. For a company like Vonage that’s been hemmoraging money due to legal…
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