April 08, 2005

VoIP Explosion

The Colorado based VoIP telecom company New Global, boasted an increase in their customer base by two fold.  The quality of their product and customer satisfaction seems to be at the forefront of this growth. Proof of these can be found on their website labeling their "Product of the Year" award in 2004 and their customer case studies. In regards to how financial sound the company is however is another matter. It is hard to put numbers behind their growth because I could not find a financial statement on their website.  Until I get a hold of the numbers I'm just going to say they their market is improving and they appear sound. Whether or not they are investing a great deal into the VoIP market and not getting a sound return on their investment is something to decide once I get an email back from them.  After I hear back from New Global about the financial statement I will keep you the reader informed.

(2:00 PM : NewGlobal is privately held - there is no fiancial statement.  If they're growing, they're doing just fine.  Contact Julie Buchanan for more information)

“Our accelerating growth coincides with the explosion in VoIP market adoption”,   said Rich Grange, President and CEO of New Global Telecom. “But, our growth   in revenue-producing seats, together with our extremely robust sales pipeline   is also a reflection of NGT’s market leadership position. We are excited   to be regarded by a wide spectrum of service providers as the premier brand   in managed wholesale VoIP services.

Read more at: NewGlobal Telecom

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