Vonage Holdings Corp. (NYSE: VG) is in talks with Sprint Nextel Corp. (NYSE: S) about a way to resolve that carrier's patent lawsuit against the Voip provider, Light Reading has learned. And one source says a Sprint buyout of Vonage is on the table.
Vonage and Sprint could enter into an agreement that will allow Vonage to use Sprints patents and give Vonage cash.
In exchange, Sprint gets Vonage’s IP traffic business and a minor ownership in Vonage.
This could develop into marketing synergies and reduce expenses for both companies; but leaving each company independent of the other while giving both companies a Triple play: Mobile, VonageVoip, Sprint WiMax...
It is a win/win for both and Wall Street, it plays right along with Citron's long term goals for Vonage and it is consistent with Vonage attorney O’Leary’s comments.
Dan
_________________ Have Questions? Need to speak to Vonage before signing up? Call: 1-888-692-8074 Both Business and Residential customers can call and speak to a Vonage Sales Rep 24 hours a day.
Last edited by dconnor on Wed Apr 18, 2007 1:25 pm; edited 1 time in total
Makes a lot of sense. Presumably, Sprint has cross-licenses with Verizon such that it wouldn't be affected by Verizon's patents. Also, Vonage's stock is so low, and its at least short-term outlook so poor, that Spring wouldn't have to spend that much to get Vonage. And it provides Sprint with a way to counter Verizon's own Voip service. As well as giving Sprint the synergies noted above.
At the very least, I think that many telecom players are worried about what's going to transpire in the future, and this gives a Sprint an "in" in that respect. If Verizon decides to go after other players in the market -- packet8, viatalk, etc (all of whom I imagine also infringe Verizon's patents -- that makes Sprint and Verizon the only Voip games in town.
This is a very wonderful twist to an incredibly grim picture that has been painted over the past 1.5 months. I was really worried that we are all sitting on a sinking ship and were going to have no warning when it was to go down. Even worse we could end up being Verizon customers...no thank you.
With the current patent fights,( I want to know if Vonage knew that they were using protected technology in the first place) I was reading that Vonage was unable to wage a battle, ( this is contrary to what we were told) and could lead to bankruptcy of the company, and the company's liquidation.
The lawsuit with Verizon Communications Inc. seeks to force the company to pay $58 million in damages and 5.5 percent of revenue from phone lines. The company may also lose the use of technology that lets customers make calls to standard phones. This effectively ruins the service for anyone especially those that are business users such as myself.
I do feel terrible about the 1,500 people at its headquarters, that are going to loose their jobs as part of "citrons cost cutting methods" Amazing how the little guys get it... All they will have is their nearly worthless stock, but that could be great for them is Spronage comes into effect.
Since there is a lawsuit scheduled in Sept involving Sprint, and a number of other companies, and the breaking news that " There are NO WORKAROUNDS" ( another false press release) this type of deal would be fantastic.
Vonage Holdings Corp. (NYSE: VG - message board) is in talks with Sprint Nextel Corp. (NYSE: S - message board) about a way to resolve that carrier's patent lawsuit against the Voip provider, Light Reading has learned. And one source says a Sprint buyout of Vonage is on the table.
Vonage addressed its Sprint lawsuit last Thursday in an investor conference call. That call was intended to focus on Vonage's more publicized patent fight with Verizon.
During that call, Vonage's Chief Legal Officer Sharon O'Leary said: "I feel very strongly we'll be able to enter into a business arrangement or agreement to resolve that matter," when addressing a question about Sprint's patent lawsuit, which is set to go to trial in September. Our sources confirm Sprint and Vonage have been in talks about the patent issue, and one source says Vonage is considering selling itself to Sprint. ------------------------ bsn nutrition sportsbook
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot edit your posts in this forum You cannot delete your posts in this forum You cannot vote in polls in this forum
All times are GMT - 5 Hours
Vonage Service Plans
Vonage VoIP Members
Members New patsykf3 New Today 0 Yesterday 0 Total 101029 Who Is On Site Visitors 1 Members 0 Total 1
†AK and HI residents pay $29.95 shipping.
††Limited time offer. Valid for residents of the United States (&DC), 18 years or older, who open new accounts. Offer good while supplies last and only on new account activations. One kit per account/household. Offer cannot be combined with any other discounts, promotions or plans and is not applicable to past purchases. Good while supplies last. Allow up to 2 weeks for shipping. Other restrictions may apply.
1Unlimited calling and other services for all residential plans are based on normal residential, personal, non-commercial use. A combination of factors is used to determine abnormal use, including but not limited to: the number of unique numbers called, calls forwarded, minutes used and other factors. Subject to our Reasonable Use Policy and Terms of Service.
2Shipping and activation fees waived with 1-year agreement. An Early Termination Fee (with periodic pro-rated reductions) applies if service is terminated before the end of the first 12 months. Additional restrictions may apply. See Terms of Service for details.
HIGH SPEED INTERNET REQUIRED. †VALID FOR NEW LINES ONLY. RATES EXCLUDE INTERNET SERVICE, SURCHARGES, FEES AND TAXES. DEVICE MAY BE REFURBISHED. If you subscribe to plans with monthly minutes allotments, all call minutes placed from both from your home and registered ExtensionsTM phones will count toward your monthly minutes allotment. ExtensionsTM calls made from mobiles use airtime and may incur surcharges, depending on your mobile plan. Alarms, TTY and other systems may not be compatible. Vonage 911 service operates differently than traditional 911. See www.vonage.com/911 for details.
Thinking of signing up for Vonage but have questions? Business and Residential customers can call Toll Free 24 hours a day at: 1-888-692-8074 No Vonage Promotion Code or Coupon Codes are required at www.vonage.com to receive any special, best Vonage cheap deals, free sign up offers or discounts.
The Vonage Forum provides the Vonage sign up Best Offer Promotion Deal. If you are considering signing up for Vonage and have found our Vonage
News, Customer Reviews, Forums & all other parts of this site useful, please
use our Vonage Sign up page.
Vonage VoIP Phone Service is redefining communications by offering consumers & small business VoIP Internet phones, an affordable alternative to traditional phone service.
The Vonage VoIP Forum Generated This Page In: 0.26 Seconds and Pages In The Last 60 Seconds The Vonage VoIP Forum
Members
New 
New Today 0
Yesterday 0
Total 101029
Who Is On Site
Visitors 1
Members 0
Total 1
