Vonage gets stay of execution through VoIP, Inc.
updated 01:15 pm EDT, Tue April 3, 2007
Vonage Stay of Execution
Vonage could be saved from having to shut down, according to a new SEC filing. The document points to a new deal with VoIP, Inc., that would see Vonage use its new partner's IP phone network to handle calls -- effectively bypassing Verizon altogether, which had threatened to shut out Vonage from the landline phone operator with a successful court injunction for alleged patent infringements.
Although Vonage itself says that the deal isn't directly connected to the patent crisis, an anonymous tip from an employee of VoIP, Inc. has revealed that the latter will carry Vonage's calls, helping the provider stay in business despite the earlier ruling. [via Ars Technica]
