I had been using SUNROCKET for my phone service. I was very happy with the quality of sound and the services/options. I was also pleased with the 200.00 a year unlimited services. However, I was informed this past week that they are going out of business. So, now I am in the market for a new VOIP provider.
I am wary of vonage, just due to the price (not that its extraordinary, I just would rather have a one time yearly fee).
On June 19, 2006, Vonage acknowledged that Verizon filed a lawsuit charging that Vonage infringed on seven of its patents related to its VoIP service; the patents describe technology for completing phone calls between VoIP users and people using phones on the traditional public switched network, authenticating VoIP callers, validating VoIP callers' accounts, fraud protection, providing enhanced features, using Wi-Fi handsets with VoIP services and monitoring VoIP caller usage. Verizon is using this technology in its own VoIP service called VoiceWing.
In a statement, Vonage said "its services have been developed with its own proprietary technology and technology licensed from third parties." The company also said it would "vigorously defend (against) the lawsuit." Vonage said it hadn't been previously notified by Verizon that the company thought it was infringing on its patents.
On 8 March 2007 a jury found Vonage guilty of infringing three patents held by Verizon, and not guilty of infringing two other patents. The jury ordered Vonage to pay fifty-eight million dollars, and a royalty rate of 5.5% of every sale to a Vonage customer, back to Verizon. Vonage said it would appeal the jury verdict.
The three infringed patents cover: (1) Internet to phone-system connection technology, (2) phone features such as voice-mail and call-waiting, and (3) wireless to Internet phone calls.
The patents in question: US patent 6430275, US patent 6137869, US patent 6104711, US patent 6282574, US patent 6298062, US patent 6128304, US patent 6359880.
On April 3, 2007, Vonage and VOIP, Inc. reached an agreement to allow Vonage to use VOIP, Inc's sector of Internet to continue uninterrupted service, and addresses two of three Verizon patent infringements. The appeal ruling concerning an injunction prohibiting Vonage from using Verizon technology is still pending.
On April 6, a judge issued an injunction that would bar Vonage from signing up new customers, but did not grant the 120-day stay Vonage requested.. This injunction was delayed until April 12, to allow Vonage time to submit an appeal. Later on April 6, a federal appeals court granted Vonage a temporary stay of the earlier lower court order.
On April 24, The U.S. Court of Appeals for the Federal Circuit in Washington D.C. issued Vonage a permanent stay of a previous court's injunction that would have barred it from signing up new customers.
Originally posted by StaggerLeeTelebend's website is nearly identical to the sunrocket website. Coincidence? I read that Sunrocket, last year, had over 300Million in income. How do you go out of business with that much capital?
Income != capital.
The easy answer is, spend $301 Million earning $300 million.
So I had a little free time on this Saturday, so I finally took a moment to try to figure out why my old daily portfolio emails from quote.com had stopped coming...only to find that I couldn't seem to log in to quote.com anymore.