 RickPremium,MVM
join:2001-02-06
Waterbury, CT | reply to DMS1
Re: Actually.. I'm not saying the deal won't benefit vonage.
Providing they make it, over the long term, this deal should prove to be better for them than a constant 5.5% of revenues royalty payment hanging over their heads.
It also puts the whole distraction of this suit to rest..and lets them get on with business.
Vonages big challenge now is to get profitable before their money runs out. And, at this rate they're burning through it very fast.
Their next challenge is surviving the threat from the cable co's and othe voip providers. Even AT&T is supposedly going to get into the game with uverse voip.
And finally, as for sprint..they know it can be an ugly business being involved in someone elses. And this lets them cut loose of this whole thing with Vonage..and move on themselves.
They get to bank or invest 80 million..which will certainly offset whatever a future royalty would have given them.
Plus..they don't have to proceed any longer with the legal process.
It's a good deal all the way around, but still the winner I think is sprint. After all, vonage IS paying them 80 Million.
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