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Nimbuzz : Vonage, Verizon Wage War Over VoIP
Vonage Holdings Corp., a pioneer in placing phone calls over the Internet, was in federal court last week defending itself against a nearly $200 million patent-infringement suit filed by Verizon Communications, the second-largest phone company in the U.S.
Although Vonage made a name for itself as an innovator in digital voice communications, Verizon claims that Vonage has been illegally using patented Verizon technologies at the core of voice-over-Internet Protocol (VoIP) service, including signaling interconnectivity, authorization, authentication, billing and fraud prevention.
Verizon, defending five patents in U.S. District Court in Alexandria, Va., is seeking $197 million in damages, equal to about 25% of Vonage's current market value. Before its stock sank 70% on Wall Street, Vonage was briefly worth $2.8 billion after going public last year.
Verizon commercialized its patents partly through the development of its own VoIP service, called VoiceWing. Verizon does not disclose VoiceWing subscriber totals.
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Voip Provider Opinion:
Rebtel probably works off voip servers thus no need for voip dialers to be installed. No download and installation means no adware or spyware risk. Thus no requirement of a PC when you are on the move. You can even use your mobile phone. Rates are free for most countries. Simply no negatives not to try. Definitely recommended.