Verizon Loses Cox VoIP Patent Suit: Good News For Time Warner, Cablevision
That's because Verizon just lost a patent infringement case against Cox Communications, the third-largest U.S. cable provider. That won't be relevant to Comcast (CMCSA), which settled with Verizon to not sue each other about patents for at least five years.
But it could provide ammunition to Charter (CHTR), which Verizon is suing, and as Stifel, Nicolaus analysts point out in a note today, Time Warner Cable (TWC) and Cablevision (CVC), who could be negotiating with the telco at some point, if they aren't already.
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Would seem to be the case, given the number of vultures, er lawsuits against Vonage.
I'm not familiar with the case, but the quote raises two points.
First, if the jury merely found Cox did not infringe the Verizon patents (as opposed to finding the patents invalid), it could be because Cox had infringement arguments not available to Vonage (e.g., different products).
Second, this decision from the district court can be appealed to the Federal Circuit so not over yet.