Verizon found liable for $847M in patent infringement damages (NYSE:VZ)

Verizon

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A U.S. District Court has determined Verizon (NYSE:VZ) must pay $847M after the jury found the communications giant was infringing on patents held by General Access Solutions Ltd.

The fall 2022 lawsuit saw General Access Solutions accusing Verizon’s Cellco PartnershipVZ