{"id":6011,"date":"2007-10-25T18:13:20","date_gmt":"2007-10-25T18:13:20","guid":{"rendered":"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/e-commerce\/vonage-verizon-settle.html"},"modified":"2007-10-25T18:13:20","modified_gmt":"2007-10-25T18:13:20","slug":"vonage-verizon-settle","status":"publish","type":"post","link":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/technology\/vonage-verizon-settle.html","title":{"rendered":"Vonage, Verizon Settle"},"content":{"rendered":"
Today gave some great news<\/a> for Vonage and its shareholders. Verizon and Vonage have settled the ongoing patent dispute for a maximum of $120 million. The company saw its stock close<\/a> at $1.53 at the end of the day’s trading, down 4.38%. This news caused the stock to jump in after-hours a total of $1.12 or 73.20% (as of 6:00 pm EST). Certainly this is a staggering jump on a percentage gain.<\/div>\n
 <\/div>\n
This bit of positive news may or may not be the start of some positive momentum for this poster-child for pure-play consumer VoIP.<\/div>\n
 <\/div>\n
What happens next is hard to know but there is a patent dispute<\/a> with AT&T which also needs dealing with.<\/div>\n
 <\/div>\n
The company is obviously more of a legal play than a communications\/tech play and I wonder if from a financial perspective it is even fair to be looking at Vonage as a VoIP company. After all, when the fate of the company rests more on jurors and judges than customers, should this company set the pace for consumer VoIP?<\/div>\n
 <\/div>\n
For the sake of customers, shareholders and Vonage employees, I hope all legal issues get cleared up soon and the company can get back to focusing on attracting and retaining customers and not on winning patent disputes.<\/div>\n
 <\/div>\n
On that note, I should mention – I just switched to cable VoIP and while it works fine, I can’t believe how much more functionality Vonage had years ago than Cablevision has today. Vonage should spend some of their marketing dollars on explaining how many benefits and value-added services they have and not focus so much on price.<\/div>\n
 <\/div>\n
Vonage, you are the Lexus or Mercedes of VoIP… Why do your ads make me think of Chevy?<\/div>\n","protected":false},"excerpt":{"rendered":"

Today gave some great news for Vonage and its shareholders. Verizon and Vonage have settled the ongoing patent dispute for a maximum of $120 million. The company saw its stock close at $1.53 at the end of the day’s trading, down 4.38%. This news caused the stock to jump in after-hours a total of $1.12<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[171,199,118,191,205],"tags":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/6011"}],"collection":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/comments?post=6011"}],"version-history":[{"count":0,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/6011\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media?parent=6011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/categories?post=6011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/tags?post=6011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}