Vonage hopes new services will improve prospects
Having been battered by intellectual property lawsuits, Vonage is trying to rejuvenate its business with MyVonage servies and new hardware like the V-Portal router
Intellectual property lawsuits brought by Nortel, Verizon, Sprint, and AT&T have distracted Vonage for the past year. During that time, customer acquisition slowed, and defections grew to 3 percent in the third quarter last year.
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