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Vonage partly loses appeal, subscribers down
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For the second time in two days, Internet phone company Vonage Holdings Corp. was hit with bad legal news Wednesday when a federal appeals court upheld a jury verdict and injunction against it for patent infringement.
A Virginia jury had awarded Verizon Communications Corp. $58 million in damages in March plus 5.5 percent royalties on future revenues after finding that Vonage violated three Verizon patents in building its Internet phone system.
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