VIEW EVENT INFORMATION: Sprint Corporation
Vonage Ordered To Pony Up $69.5 Million To Sprint
SEP
25
Status: Available Now!
Type: News
Date: Tuesday 25 September 2007, 05:00 AM
Media: Techcrunch

SOURCE
About the organization Sprint Corporation:
Type: Business
Sub-Types: Telecommunication, Telecommunication Hardware, Internet Service Provider
Notable Organizations: Sprint Corporation, Techcrunch
That’s gonna leave a mark. Apparently Vonage infringed upon six of Sprint Nextel’s patents, which is a big, expensive no-no. Sprint will receive $69.5 million plus 5 percent of Vonage’s future revenue. Earlier this year, Vonage lost a cool $58 million, plus 5.5% future royalties to Verizon. That now seems somewhat tame. All told, that brings the grand total to $127.5 million…
Leave Comments:

Name:

Email:

Subject:

Message:

(Maximum characters: 255)
You have characters left.