Tuesday, April 24, 2007

Vonage Wins Court Stay in Verizon Patent Fight

Via Reuters.

Internet phone company Vonage Holdings Corp. on Tuesday said a federal appeals court issued a permanent stay of a previous court's injunction that would have barred it from signing up new customers.

The stay, related to a patent suit brought by Verizon Communications, was issued as shares of Vonage jumped sharply higher on Tuesday afternoon.

More here.

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