I got this email inquiring companies "that make components, switches and software for this. If you work in this industry or have some insights/comments, please reply".
Your comments on his expecatations for VOIP and sharing any information you have would be most appreciated.
Thanks,
Fred
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Voice over IP was the technology created cheap calling cards (2 cents/minute to China), it is now replacing conventional phone lines by providing same service (with more features) at a third to half the price if you have high speed Internet service at home or office (for ADSL, this is good for a second line).
I recently took a promotion offer to try it risk-free, if I don't like it, I can return it without any charge, not even the free calls I made during the trial. I received an Internet phone switch in mail, plug it into my network hub, connect a phone wire between this switch and my wall phone jack, all phones at home worked instantly, the same way as before without any configuration. I was able to keep my old phone number, have caller-id, call waiting, conference call, call forwarding, and twenty other features. I can get unlimited local and long distance calling anywhere in the USA and Canada for $25 a month, or 500 outgoing minutes/month (plus free incoming and toll-free calls) US/Canada for $15 per month. Given each family member has a cell phone with free evening/weekends, I signed up the $15/month plan. The call quality was great and my friends couldn't tell any difference.
I can carry this phone switch when I travel to China, as soon as I plug it into Internet, I can receive calls to my number (201 area code) and call anywhere US/Canada. I can add another line (or fax) for $10/month, a toll-free number for $5, and virtual number in 212 area code (or 200 other area codes) if I want people in NYC to call me for free. The offer also comes with a free month.
By the end of 2004, about one million people switched to VoIP phones, up from slightly more than 100,000 at the end of 2003. Video phone by VoIP is already in service and may be the next wave.
I am researching on how to invest/profit from this big trend - finding stocks that make components, switches and software for this. If you work in this industry or have some insights/comments, please reply. Any questions or anyone interested in the special promotion offer, please let me know.
Thanks, |
