Vonage Update
April 13, 2007
Vonage has seen some better days (two years worth actually), but to be fair is credited with creating a massive market crater, and paving the way for other VOIP providers and services to follow.
However, due to the Verizon-Vonage patent dispute before the courts, and the recent court ruling in Verizon's favor, QuickStartVOIP.com no longer promotes Vonage service.
On Friday, April 6, 2007, the Court of Appeal granted Vonage a temporary stay allowing the company to continue to sign up new customers.
Vonage can also provide digital telephone service to existing customers indefinitely by paying into escrow a quarterly royalty of 5.5% throughout the appeals process. Separately, the District Court required Vonage to post a bond of $66 million to secure Verizon's damages judgment.
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