PhoenixDown
-- Wants FIOS
Premium
join:2003-06-08
Fresh Meadows, NY
clubs:   | Can Vonage float it or is this the death bell?
... |
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Hehe
@ssa.gov | Poo
I hate all the sueing! |
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anoooon
@comcast.net | This is so wrong...
A company like this shouldnt have been sued so badly.... |
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gatorkram
Spelling and Grammer impared
Premium
join:2002-07-22
Winterville, NC
clubs: |  Ah HA!
So this is how Verizon can afford to roll out all these wonderful speeds over their FIOS network..
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Give me bandwidth or give me death!
»/testhistory/661871/4f240 |
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Cabal
Premium
join:2007-01-21
Boston, MA
| Where are Vonage's defensive patents?
Everyone in the tech sector knows the patent system is broken (or at least has very significant flaws), but because everyone plays the game, that means you have to, too. Where are Vonage's defensive patents? I work in the VoIP sector, and while I'm sure we are violating someone's patents, we have plenty of our own that keep the big dogs off our backs. Was someone at Vonage planning, ever?
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Interested in open source engine management for your Subaru? |
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TKJunkMail
Enjoy the sun
Premium
join:2002-03-03
Avalon, NJ
 ·Sprint Mobile Broa..
 ·Comcast
|  And the Shareholder suits haven't even started yet
Vonage, which first sold shares to the public for $17 each in May 2006, also faces suits from investors. They say the company's prospectus misrepresented or omitted information about its products and the experience of some managers. The IPO was for $17/sh and the shares are selling for $2.13/sh now. Those suits and the banks wanting their money on the loans could sink Vonage by mid year 2008.
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Internet News
My BLOG
My Web Page
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satellite68
join:2007-04-11
Louisville, KY
| reply to PhoenixDown
Re: Can Vonage float it or is this the death bell?
let's do the math:
1 million subscribers (my estimate, probably higher than that) x $25/month (on average, probably a little lower with all the plans they have) = $25,000,000/month.
i'm guessing their overhead ain't $25 mill a month.
dunno, hope they go far. love the service. |
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AlsknSnoBals
join:2007-05-17
Anchorage, AK
 ·magicjack.com
| It's kind of funny.....
It's kind of funny that nobody took notice of Vonage until they became successful. I would be willing to bet they never had a patent infringement until they started making money, which the telcos hate. It is very reminiscent of the old Tucker case when Ford and General Motors took him to court so they could put him out of business. Afterward, they cannibalized Tucker's design.
After Vonage, Bell started their own voip too. So did everybody else. In the meantime, after Vonage's death blow, voip will become just as expensive as land lines with minimal overhead for Bell. That means it will be pure profit. |
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mikenolan7
Premium
join:2005-06-07
Torrance, CA
·Sprint Mobile Broa..
| reply to satellite68
Re: Can Vonage float it or is this the death bell?
According to Wikipedia:
"Until recently Vonage held the most subscribers at 2.4 million subscriber lines"
They "until recently" part had to do with Comcast passing them with 5 million, not any statement that the 2.4 million had dropped. |
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bngdup
join:2007-02-20
Old Bridge, NJ
·Cablevision
| reply to TKJunkMail
Re: And the Shareholder suits haven't even started yet
Ahh yes the armchair accountant who keeps extending his "Vonage is Dead" prediction on each post.
I can make up arbitrary dates too!
Vonage's various legal and financial troubles could bring it down by March of 2009.....see its real easy |
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Rob
In Deo speramus, God Bless the USA
Premium
join:2001-08-25
Kendall, FL | Take over..
Would it be possible for Verizon to take control of Vonage in lieu of the $120 million outstanding debt? |
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supergirl
join:2007-03-20
Pensacola, FL
·Cox VOIP
·Skype
·Cox HSI
 ·AT&T Southeast
·magicjack.com
| reply to TKJunkMail
Re: And the Shareholder suits haven't even started yet
said by TKJunkMail  :Vonage, which first sold shares to the public for $17 each in May 2006, also faces suits from investors. They say the company's prospectus misrepresented or omitted information about its products and the experience of some managers. The IPO was for $17/sh and the shares are selling for $2.13/sh now. Those suits and the banks wanting their money on the loans could sink Vonage by mid year 2008. If Vonage has only about $155 million in cash, how will they pay it and keep operations going at their ridiculous ad rate expenditures?
Firing Citron would be a good idea. Not sure if any manager with brains would want to run this loser.
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Saving the world keeps me busy. However, I find Earth very primitive from my home planet of Krypton.
-Supergirl |
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zed260
join:2007-09-30
Cleveland, TN
1 edit | reply to Rob
Re: Take over..
not likely unless they wanted to buy vonage which i doubt
besides i think once you ad the at&t into it they will likely go into debt |
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paulme
join:2007-11-06
Kirkland, WA
 ·Verizon FIOS
| reply to AlsknSnoBals
Re: It's kind of funny.....
said by AlsknSnoBals :It's kind of funny that nobody took notice of Vonage until they became successful. I would be willing to bet they never had a patent infringement until they started making money, which the telcos hate. Well... yes, why would you go to the trouble of suing someone who didn't have any money. Its the way that industry works. Those making money get sued (a lot). |
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Redbaron2
join:2004-06-14
Tacoma, WA
| reply to AlsknSnoBals
Tell me about it VerIZsuen has had a stick up its backside since Vonage took most of their subscribers. This is just VZ trying to re-coop their loss instead of being competitive in the marketplace. The Big 3 had it in for Tucker because he was making a safer car then they could for an afordable price. Safety Glass, Disc Brakes, and pop out windows to name a few of Tucker's innovative ideas. These made the car impressive, and of the entire run of cars; nearly all of them are drivable to this day (and are driven often). This isn't the only time the big 3 went after the little car maker. They went after one of their own designers with threats and ruined his company, life, and reputation. The DMC and Bricklin SV-1 both were put of business by shortsighted Car executives who wanted the big bucks. VZ, Sprint, AT&T, and others are looking to kill competition/diversity, and fair market practice just because they are losing money. Grow up and get a life. Stocks are risky live with it instead of suing. The pledge should state "The home of the sue happy and proud." |
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rradina
join:2000-08-08
Chesterfield, MO
| reply to AlsknSnoBals
According to the Verizon suit, they did not know what technology Vonage was using until they filed information for their public IPO. Only then was Verizon able to determine that they had patents covering the technology that Vonage was using.
Does anyone know if the work-arounds that Vonage claimed to have are in place and being used or will they continue to owe Verizon for each VOIP customer? |
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rradina
join:2000-08-08
Chesterfield, MO | reply to zed260
Re: Take over..
Consider that AT&T and Verizon may own the same patents since they were at one time the same company. |
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zed260
join:2007-09-30
Cleveland, TN | consider that at&t broke up in into the baby bells in 1984 any patents that at&t had then are now in public domain so they no longer have same patents |
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rradina
join:2000-08-08
Chesterfield, MO | Really? When a company is broken up, they lose all of their patents? |
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zed260
join:2007-09-30
Cleveland, TN
·Charter Pipeline
1 edit | no they dont but the patents that existed then would have expired by now
in the us patents only last 20 years at the most
»www.freepatentsonline.com/help/i···ire.html |
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