MSNBC reports that earlier this morning a Federal jury in Kansas City, KS awarded Sprint-Nextel $69.5 million in damages for ‘willful patent violation’ by Vonage.
This is on top of Verizon’s ealier win against Vonage in March for $58m plus a 5.5% annual royalty on all future earnings.
If you have stock in this company, I shed a tear for you.