Vonage talking with AT&T, hopes to settle patent suit soon
The roller coaster ride that is Vonage's litigation trail is hitting yet another high point, that is, if you consider paying out "just" $39 million a positive. Reportedly, the internet telephony firm is "in talks" with AT&T to settle a patent suit filed just last month, but no hands have shook on anything just yet. If you'll recall, this would be the fourth settlement reached by Vonage in the last two months, but alas, it'd still walk away from the table a cool $39 million lighter. No, we don't know if this nightmare will ever end for Vonage, but at least it looks to be headed in the right direction (if only momentarily).
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