Q: I heard that Vonage could go out of business because they have a large maturing debt and they are sued for patent violations. Is it true
? A: No! Vonage is not going out of business or go bankrupt. As we have all learned from the recent financial crisis, with companies worth tens of billions of dollars a day and nothing the next, we should never say never, but Vonage is probably the most stable VoIP company La- low. Yesterday, Vonage completed a refinancing of their debt which is due in December, ensuring financial stability for many years to come. And over the past year, Vonage settled all disputes concerning patents pending against him.
So while some small, private companies such as SunRocket went bankrupt and huge telephone companies like AT & T left the VoIP market, you can be sure Vonage will be around. For more information about Vonage phone service, Vonage read our review.