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Vonage Although I feel that the article I and you referenced has some validity based on
Although I feel that the article I and you referenced has some validity based on it's source and the difficult financial climate, here is an upbeat article that mentions Vonage:
The Recession List - Top 10 Industries to Fly and Flop in 2008
VoIP Leads The Way - Los Angeles (March 19, 2008)
Subscriber growth will drive revenue in the VoIP sector, with numbers expected to rise by 21.2 percent this year to 16.6 million, while the number of establishments will jump by a significant 44.5 percent to 2,190 nationwide.
Senior analyst at IBISWorld, George Van Horn explained: "The VoIP providers industry will easily outperform the wider telecommunications sector this year, given that it is an emerging service which continues to gain greater consumer and business acceptance. As household broadband penetration increases, it will facilitate greater use of digital services, helping to improve the call quality of industry services. In fact, by 2012, we expect revenue growth of 90.2 percent, bringing total revenue to $4.88 billion. By the same time, we predict that the U.S. will have approximately 25.4 million paying VoIP subscribers."
And this year alone, revenue is set to grow an impressive 24.3 percent to $3.19 billion. As services improve and gain greater consumer acceptance, IBISWorld forecasts that many more providers will begin to turn a profit -- with Vonage leading the way. The U.S.'s largest VoIP provider is expected to become profitable for the first time this quarter.
see http://www.ibisworld.com/pressrelease/pressrelease.aspx?prid=115
Read The Full Thread: likely scenario if Vonage does go bankrupt?
• I am real happy with Vonage, but I do worry about the drumbeat of bad financial news.
• Dan,
When SunRocket died, one morning folks woke up and no phone, no customer
• Thanks - I had seen that article at fiercevoip - that was some of the bad news that
ed56 posted "Although I feel that the article I and you referenced has some validity based on" on 03/27/2008 |
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