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Vonage resolves patent dispute

From Times Wire Services

Vonage Holdings Corp., the second-largest Internet phone-service provider, resolved a patent dispute with Nortel Networks Corp. that threatened to shut down some of Vonage’s calling features.

The companies will each license three patents to the other, Nortel spokesman Mohammed Nakhooda said. They’ll drop claims of past damages and dismiss those related to other patents, Holmdel, N.J.-based Vonage and Toronto-based Nortel said.

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