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Vonage hit with damages of $69.5 million

And, they get to pay a 5% royalty on future sales.

   
11:31 pm on Sep 26, 2007 (gmt 0)

WebmasterWorld Senior Member pageoneresults is a WebmasterWorld Top Contributor of All Time 10+ Year Member



Investors are pricing Vonage to succumb to these fees and go the way of SunRocket, which stranded more than 200,000 customers recently after bailing out of the low-margin business. Other voice over Internet protocol players such as cable companies Comcast (Nasdaq: CMCSA) and Time Warner Cable (NYSE: TWC), as well as AT&T (NYSE: T), Qwest (NYSE: Q), and eBay's (Nasdaq: EBAY) Skype division, are probably licking their chops in anticipation of a shot at Vonage's 2.45 million subscribers.

Won't Vonage Ask for the Check, Please?
[fool.com...]

Bummer. I'm a Vonage customer and have been for almost a year. Who is going to buy Vonage? Shares are down under $1.00 as of this posting.

11:46 pm on Sep 26, 2007 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Bummer. I'm a Vonage customer and have been for almost a year.

Yep, been with them since January 2005 with two lines, fax, and two toll-free numbers. They have the best service hands-down especially when calling the UK and other countries. I'm not so sure they will go out-of business or be bought out, as 2.45 million subscribers is a whole other league than 200K subscribers of SunRocket (in their example). I'll keep my fingers crossed, as the competition doesn't offer near what Vonage does.

12:06 pm on Sep 27, 2007 (gmt 0)

5+ Year Member



Bummer. I'm a Vonage customer and have been for almost a year.

I remember when I first signed up with Vonage and sprint (now embarq, still bad) fought for almost 3 months to keep from transferring my phone numbers to Vonage.

Vonage has been battling from the beginning all the while providing a great service, hopefully they will overcome this as well.

5:35 pm on Oct 1, 2007 (gmt 0)

5+ Year Member



jeez..
we just got vonage two months ago and it's been great - when you're overseas and need to seem like you're in the USA, it can't be beat.

Not looking forward to running my own SIP box..

1:45 am on Oct 7, 2007 (gmt 0)

10+ Year Member



I own 100 shares; soon I won't be able to even buy the "never ending pasta bowl" at the Olive Garden with them.
2:40 pm on Oct 7, 2007 (gmt 0)

10+ Year Member



I have 10 toll free numbers and 20 lines(voice/fax), for the last 3 years. We are in the process of moving the 800 numbers to another provider and looking at doing our own SIP solution. Vonage is cheap, kinda, but when they are having a bad call quality day, you can't reroute the 800 number without going through their system.

So now we are moving to RingCentral for the 800 numbers and keeping some Vonage lines, as well as adding some backup numbers through other providers. I don't want to be standing when the music stops with Vonage, like it did with SunRocket.

We are trying out the RingCentral SIP phone, and doing experiments with Skype, DIY SIP, buying wholesale minutes as if we were a telecom, and getting some 800# from moderntelegraph for $2 each.

I was hoping they would be acquired by now, I cant let my business wait for a happy decision. I am surprised Verizon or Sprint havent purchased them with the stock prices being so low.

 

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