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Sprint awarded $139.8M as jury finds TWC infringed VoIP patents

Mar. 03, 2017 6:57 PM ETSprint Corporation (S) StockCMCSA, CHTR, SBy: Jason Aycock, SA News Editor102 Comments
  • Sprint (S +2%) has won at least $139.8M in damages in a trial where a jury found Time Warner Cable (CHTR -0.5%) infringed digital voice phone service patents.
  • The jury decided that TWC willfully infringed on Sprint's VoIP patents, which means damages could be trebled by the judge.
  • Sprint had filed its action in 2011.
  • The wireless carrier also has a similar action against Comcast (CMCSA -0.6%) set to come before the same Kansas City judge next week.

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