VOIP Inc. to do some Patent Suits

GigaOm points out: "Business Week estimates that there are about 2,000 VoIP-related patents have been issued to a diverse group of companies. Some of the companies with big patent portfolios include Sprint, Net2Phone and a little known company called Web Technology. Incidentally, Web Technology last week filed a law suit against Verizon, Vonage, AT&T, Earthlink and SunRocket. Tech giants Cisco, Motorola, and Broadcom also have their own patents related to VoIP." In the Business Week piece, "Cataldo [CEO of VoIP Inc] asked lawyers to start proceedings against companies that he says are using his company's technology. "You are going to see a lot of demand letters going out from us," he says." A fun time for VoIP Providers, lawsuits, heavy competition (from MSOs), and dwindling income since cost of doing business keeps rising.