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Article: Ruling cuts off Vonage recruiting.
- Article from:
- Chicago Tribune (Chicago, IL)
- Article date:
- April 6, 2007
CopyrightCOPYRIGHT 2007 Chicago Tribune. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Jon Van
CHICAGO _ Vonage Holdings Corp. dodged a bullet Friday, but was left gasping for air after a federal judge ruled it can continue operating but cannot recruit new customers during its patent dispute with Verizon Communications Inc.
The Internet phone service pioneer, which has 2.2 million customers but continues to lose money, has bet its future on increasing its customer base. If Vonage's appeal of Friday's ruling fails, the firm must either find alternative technology or pull a legal rabbit out of a hat, analysts said.
Rather than a patent dispute, the Vonage-Verizon saga has become a David-Goliath struggle, and one that ...