Via Reuters, about the ongoing Verizon – Vonage litigation:

Vonage Holdings Corp. (NYSE: VG) cannot service new customers while it appeals a finding that it infringed Verizon Communications Inc. (NYSE:VZ) patents for making phone calls over the Internet, a federal judge ruled on Friday.

Vonage plans to appeal U.S. District Judge Claude Hilton’s order that allows Vonage only to service existing customers and requires the company to post a $66 million bond.

Roger Warin, a lawyer for Vonage, told the court the choice between a partial stay and a total prohibition on using the Verizon technology amounted to "cutting off oxygen or a bullet to the head" for Vonage.