August 25, 2005
VoIP Consumers are increasing with millions of users joining it
VoIP has started a revolution in the wireless services. Consumers have now started skipping the traditional phone network for opting the VoIP (Voice over Internet Protocol). An analysis by the TeleGeography research group found that the number of VoIP subscribers has touched 2.7 million. It is important to be noted that it was just 440,000 a year ago.
VoIP is a unique technology, which requires a broadband internet line. Also, it offers cheaper calling plans and interesting features such as managing the voice mail on a web page. Though the revenue generated from consumer VoIP service is not so high, it is expected to rise in the near future. TeleGeography has projected the annual VoIP revenue to reach $3 billion in two years. networkingpipeline.com reports:
The number of consumers bypassing the traditional phone network and opting for Internet voice service is soaring beyond expectations. The biggest factor in the numbers are cable TV companies, which are using VoIP to bundle phone service with their TV offerings in hopes of staving off competition from incumbent phone companies that are just beginning to get into the TV business.
Read More: VoIP Consumers To Soar, Report Says
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