Vonage permitted to sign up new users

Posted on April 24th, 2007

A few weeks ago, a court barred Vonage Holdings Corp. from signing up new customers for its internet phone service while its appeal of a patent infringement case is pending. The U.S. Court of Appeals issued a stay of the injunction and this had a positive impact on Vonage’s stock. In March a jury ruled that Vonage had infringed on patents held by Verizon.

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