Vonage Is Coming Apart at the Seams
Vonage Is Coming Apart At The Seams
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. Scale back their operations? That's like saying to your barber you just want "a little off the top". Who is Vonage kidding? They need a total buzz-cut to stop the damage from this one. The captain has bailed-out of this sinking ship and the demise of Vonage and other such companies is no surprise and was predicted like forever ago, seeing as how the ability to use your 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? I guess you have to be a Vonage customer to understand it.
Trend Themes
1. Decline of Traditional Phone Services - The decline of traditional phone services due to the popularity of Internet-based communication technologies presents opportunities for disruptive innovations in communication and networking sectors.
2. Dispute Over Patent Rights - The ongoing issue of patent rights that often leads to legal battles creates opportunities for disruptive innovations in legal and intellectual property fields.
3. Growth of Internet-based Communication Services - The growing popularity of Internet-based communication services such as VoIP and other alternatives to traditional phone services presents opportunities for disruptive innovations in the telecom industry.
Industry Implications
1. Communication Services - The rise of Internet-based communication services presents opportunities for new and established companies in the telecom industry to offer innovative alternatives to traditional phone services.
2. Networking - The decline of traditional phone services and rise of Internet-based communication technologies opens up opportunities for innovative approaches in networking infrastructure.
3. Legal and Intellectual Property - The dispute over patent rights and the increasing importance of intellectual property creates opportunities for disruptive innovations in the legal and intellectual property industries.