The head of Vonage, Mike Snyder, has resigned
citing his reasons to be their long-standing battle with Verizon, over
patent rights. It is forcing them to scale back their operations to the
tune of $110 million. The captain has bailed-out of this sinking ship
and the demise of Vonage and other such companies is no surprise seeing as how the ability to use
Internet for long-distance calls was a totally hair-brained idea in the
first place. Why pay for extra equipment and a montly fee to get “free
long distance” with poor quality? http://www.newsfactor.com/story.xhtml?story_id=030002RR0WL6