Vonage Responds to Verizon’s Victory

Vonage chief executive officer, Mike Snyder, stated the company was shocked at the market reaction to the trial loss. “For the market to react the way it did to the recent rulings shows an unfortunate lack of understanding of the judicial/appellate system, a lack of appreciation of Vonage’s resourcefulness, or, perhaps, both. Anyone who’s counting Vonage out is making a huge mistake.”

I don’t think much of the discredit people are showing towards Vonage is because of these lawsuits, but rather because of their supposed customer-base decline. Lawsuits are not helping either way.

Source: Daily Tech