5 Stories

T-Mobile Launching Net Phone Price War

New plan follows hard on news of wireless price war

(Newser) - T-Mobile is giving an extra push to the millions contemplating ditching their landlines. The low-cost wireless carrier is launching a new dirt-cheap VoIP service, which lets T-Mobile customers hook up traditional phones to an Internet router and make unlimited local and long distance calls for $10 a month, the Wall ... More »

Vonage Settles Patent Dispute, Sees Shares Rise

Longer-term troubles still loom for vexed Internet phone provider

(Newser) - Troubled Internet telephone company Vonage gained a "new lease on life" yesterday when it settled a longstanding patent infringement dispute with rival Verizon. Vonage share prices shot up 70% in after-hours trading on the heels of a settlement that observers see as a "big win for Vonage,"... More »

Vonage Shares Soar 76% on Sprint Deal

$80M patent settlement licenses tech, curtails rising legal costs

(Newser) - Vonage shares saw their biggest-ever bump today, after the company announced it has settled its patent lawsuit with Sprint for $80 million. In addition to cutting its legal losses, Vonage gains a license to use the disputed tech. “It's good in that things could have gotten worse,” one... More »

eBay's $1.4 Billion Phone Bill

Takes huge write down on overpriced Skype

(Newser) - eBay's $2.6 billion acquisition of phone service Skype looks like a wrong number, with profits on hold indefinitely. The Wall Street Journal reports eBay will take a $1.4 billion write down on Skype, which  accounts for $90 million of eBay's $1.83 billion in revenue in the third... More »

Vonage Guilty in Sprint Patent Suit

Net phone company faces second huge judgment against it this year

(Newser) - Vonage was found guilty of illegally using Sprint’s Internet phone patents, and now owes the carrier $69.5 million in damages, according to Dow Jones Newswires. More worrisome for Vonage is that an injunction could soon bar it from offering Net-based phone service altogether. More »

5 Stories