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+ - Vonage Admits no Workaround for Verizon Patents

Submitted by
Frosty Piss
Frosty Piss writes "USA Today is reporting that Vonage has finally confirmed what many suspected: The company has no "workaround" to sidestep Verizon's VOIP patents. Moreover, Vonage isn't sure that such a plan is even feasible, given the expansiveness of Verizon's patents, which set out methods for passing calls between the Internet and conventional phone networks. Vonage has seen its shares plunge more than 80% since it went public last year. This year alone, its shares are down more than 45%. Is this the end for Vonage? How will this effect other VOIP providers?"

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