| To recap because many just seem to rehash 1. Vonage was cheap because it used supposedly COTS and open source software in an effort NOT to pay licensing.
2. Vonage made money on SIGNING NEW contracts, the actual revenue from existing customers was barely enough to cover operating costs.
3. With no ability to sign new customers, they are effectively dead in the water and will not have enough revenue to service existing client bases nor will they be able to fend off a long protracted battle in court.
4. Both Verizon and Vonage know this; Verizon in hopes to cull the client list and put Vonage in a very easy buy out position (pennies on the dollar) and Vonage who was essentially an old era DOTCOM company running a new "scam". Sure they had a product but if you are artificially keeping prices low by not paying royalties that are due to companies that own the patents, your just a scam.
5. There are many other VOIP companies out there and also companies providing dial tone over cable, but they are more expensive...why...because they are actually paying royalties or own the equipment and software they use.
Vonage was only ever two things; a way to get some majority stockholders money. And a throwback to the old dotcom smoke an mirrors of no accountability and big spending on a product that was "stolenware" or "patentware". |
|
 KrKHeavy Artillery For The Little GuyPremium
join:2000-01-17
Tulsa, OK
 ·AT&T DSL Service
1 edit | said by AnonProxy:1. Vonage was cheap because it used supposedly COTS and open source software in an effort NOT to pay licensing. Not cheap, SMART... and competitive.
Vonage who was essentially an old era DOTCOM company running a new "scam". Sure they had a product but if you are artificially keeping prices low by not paying royalties that are due to companies that own the patents, your just a scam. Well then, I guess I'll have to disagree, because personally I don't feel Vonage "artifically" did anything, because Vonage really didn't owe any royalties because they were using open sounce. It's Verizon who's done the sneaky thing here and patented technology they didn't invent.
In other words, Vonage may indeed lose, but it doesn't mean they're guilty. Verizon may win, and they are guilty. At least, IMHO. |
|
| If by smart and competitive, you mean using stuff you have no right to use and not paying for it...
Vonage knew right from the start that it was using a patent that it had no right to use. In fact it based it's WHOLE service on it. It was cheap because they were not licensing the technology.... |
|
|
|
KrKHeavy Artillery For The Little GuyPremium
join:2000-01-17
Tulsa, OK Reviews:
·AT&T DSL Service
| said by AnonProxy:If by smart and competitive, you mean using stuff you have no right to use and not paying for it... Vonage knew right from the start that it was using a patent that it had no right to use. More like they used Open Source, which isn't supposed to come with licensing or royalty payments.
--
"Regulatory capitalism is when companies invest in lawyers, lobbyists, and politicians, instead of plant, people, and customer service." - former FCC Chairman William Kennard (A real FCC Chairman, unlike the current Corporate Spokesperson in the job!) |
|
