Vonage Holdings Corp

 

Vonage Reports Record Profit Again

The company also announced completing debt refinancing in a move that will yield annual savings of $43 million over last year.

Vonages Profit Climbs to Record High

Vonage reported net income of $21 million or $0.10 per share, reversing a $42 million loss in the previous three-month period and exceeding its $14 million profit in the year-ago quarter.

Limelight Ordered to Pay Akamai $45.5M for Infringement

Akamai Technologies Inc.on Feb. 29 won its patent infringement lawsuit against Limelight Networks Inc.  Limelight also faces a patent infringement allegations from Level 3 Communications Inc. A Boston jury said Limelight infringed on four of Akamais patents and must pay $45.5 million in damages, plus interest. Limelight said it will appeal the decision. Both Massachusetts-based […]

News Briefs: Vonage, Level 3, AT&T, PAETEC, TMC and more

The U.S. House of Representatives voted to extend a moratorium on state Internet access taxes for four years. The House voted 405-2 to keep the ban in place. It was scheduled to expire Nov. 1. The Senate now must decide where it stands. Vonage Holdings Corp. is facing another patent infringement suit, this time filed […]

Vonage Loses $161.8 Million in Third Quarter

The improved net losses that Vonage Holdings Corp. recorded in the second quarter did not carry over into the third quarter. The IP telephony provider on Thursday announced its earnings, which amounted to a net loss of $161.8 million, or $1.04 per share. Thats compared to a net loss of $33.3 million, or 22 cents […]

Vonage: AT&T Suing Us for Patent Infringement

How much more can Vonage Holdings Corp. take? The IP telephony provider said late Friday it is facing another patent infringement suit, this time filed by AT&T Inc. Vonage told the Securities and Exchange Commission that AT&T filed the claim on Oct. 17 in the U.S. District Court of the Western District of Wisconsin. AT&T […]

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