Vonage to pay Verizon $58M in patent case

? Internet phone company Vonage infringed on three patents held by Verizon Communications and must pay $58 million plus possible future royalties to its competitor, a jury said Thursday.

The judgment by the eight-person jury is far less than the $197 million Verizon had requested, and was even slightly less than what Vonage had suggested would be fair if it were found liable.

Still undetermined is whether Holmden, N.J.-based Vonage will be barred from using Verizon’s technology or how the verdict might affect the Internet phone company’s 2.2 million subscribers.

Verizon sued Vonage last year for infringing on five patents that it said makes the Internet telephone service network functional. The jury found Vonage infringed on three of them – including one for linking Internet calls to the traditional phone network and another for features like call waiting.