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Vonage Could Go Bankrupt Over Verizon Patent Suit [View article]
The award for past patent infringement was for $58 million, which represents about 15% of last year's marketing budget, or about $29 per subscriber line.
The ongoing cost of the award would be 5.5% of revenues. Even if they chose to pass the cost along to subscribers, the cost for their unlimited plan goes from $24.99 to $26.25.
And that's if they lose everything on appeal and don't get the award reduced and can't work around the patents in the future.
It seems the chicken little chants, coming from both the company and from the rest of the media, are a little over done.
PS - I currently have no open positions in VG