If Vonage has been having great luck in terms of mindshare and being top of mind as a pure-play VoIP provider, it has been equally unlucky in the patent wars as evidenced by the recent loss in the US Court of Appeals regarding the rehearing of a Verizon patent infringement case.
Had Vonage won it could have saved paying Verizon $40 million or more specifically $80 million instead of $120 million.
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Unless Vonage cuts their SG&A expenses a lot over the next few months, or raises more money, they will run out of money before next summer. Things are looking doubtful for the VoIP pioneer. More on my blog at http://ikeelliott.com