UAlert.com Announces Investment Opinion
June 18, 1999 04:59 AM
TEMPE, Ariz.--(BUSINESS WIRE)--June 18, 1999--
Voice Over Internet Service Industry Expected to Grow to $1.8 Billion Annually
A public release by International Data Corporation (www.idc.com) states that the Voice over Internet service (VOIP) is expected to reach $1.8 Billion by 2003. This is close to 10 times the forecasted amount of $190 million for 1999 as predicted by IDC.
There are a number of players in the VOIP Category such as Access Power Advanced Communications ACCR , which recently announced a $10 monthly flat rate VOIP service in the U.S. and Canada. Other players include IDT IDTC , Netspeak NSPK , VocalTec Communications VOCLF .
The current VOIP players will be competing with major traditional long distance carriers such as AT&T T , MCI WorldCom WCOM , Sprint FON . For rapid growth and to gain marketshare, the VOIP players may look to partner with other Internet services such as AOL AOL , Prodigy PRGY and many others who have an established customer base in the millions.
Access Power recently launched their partnering initiative, the affiliate Co-marketing program. The program allows the affiliates to market the $10 monthly flat rate VOIP service to their entire customer base. Based on Access Power's recent press releases, they have signed up affiliates which have a cumulative base of approximately 1 million customers.
About this report
The information on the above companies contained in this article is based on public information provided by company press releases and website postings. UAlert.com does not assert the truth or veracity of those statements.
About UAlert.com
UAlert.com is a free Internet publication service, performing independent reviews of Internet and Technology companies without compensation from the companies discussed. UAlert.com has NOT been given cash, stock, or options from any company listed above. UAlert.com's officers, employees, and consultants do not own more than four percent equity of any companies listed or described herein (through share purchases on the open market, private placement or direct public offerings). Please read the disclaimer at ualert.com for additional information.
|
