no_one
@QWEST.NET
| reply to RockyBB
Re: Is Vonage Toast?
Back then, in order to win a loan commitment to re-finance that debt, the carrier had to swallow terms that include issuing senior secured debt, paying a variable-interest rate that looks like it will start in the neighborhood of 15 percent with no upward limit, and spending between $21 million and $24 million in fees and expenses.
I thought my credit was bad.
Whats sad is that the higher ups will somehow manage to pay themselves huge bonuses on the way out. |
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Matthewb
join:2000-02-09
Crofton, MD
2 edits | Ever get the feeling you can't win? If Vonage goes under, I'd have a hard time considering Verizon.
Vonage fuming
Source: »www.crainsnewyork.com/apps/pbcs.···ormation
Verizon Communications lost its patent infringement suit against Cox Communications after a jury said Cox had not infringed on six patents related to Internet telephony. Vonage had settled a similar suit with Verizon for $120 million, plus 5.5% in royalties on revenues, after a jury found Vonage at fault.
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Matt |
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onlyrh40
join:2008-01-29
North York, ON
 ·TekSavvy Solutions..
·Bell Sympatico
| US copyright and patent law are contributing to the destruction of US businesses.
Vonage today has an all lines busy intercept on all calls to Germany, incoming calls ring but answer dead. Makes one wonder it someone forgot to pay the Deutsche Telekom bill. |
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onlyrh40
join:2008-01-29
North York, ON | Service to/from Germany ok now
False alarm. |
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