Doug, M Allen and all his compatriots that offer so much and talk about how all our conjecture is frivilous, should read this.
And when you hear what Vic had to say about the Voice Server's status, think hard about whether a few more months will realize a profit or a loss.
Now I don't make this up, this is an excerpt from Mercury Mail that just came across the wire, but the timing couldn't be better.
The people on this thread can listen to the "diciples of gloom" spin, or they can take stock in the following:
Internet the future for phone calls - experts say
By Chris Johnson SINGAPORE, June 10 (Reuter) - Telephone calls via the Internet are now so cheap and efficient they will soon dominate the global telecomunications industry, electronics industry executives said on Tuesday. ``The Internet is already seen as a big part of telecommunications. We can anticipate one day telecommunications may be seen as part of the Internet,'' Seppo Rantakokko of Nokia Telecomunications in Singapore told an industry conference. ``Telephone carriers will have to react in order to maintain market share and revenue,'' said Bjorn Christensen, director of Siemens Public Communications Networks. Christensen said the largely unregulated worldwide network of computers would revolutionise the telecomunications industry, making much existing technology obsolete and forcing costs down radically. But he said existing telephone firms could survive -- if they acted swiftly. ``For a long time, the Internet will not completely replace traditional technology. Rather we see a convergence,'' he said. Industry analysts say the Internet challenges the status quo for telephone companies because it removes international barriers and allows users to make international calls at local rates. The Internet is also far more efficient, with very high traffic volume making use of the cheapest routes between destinations, they say. In a recent study by the Massachusetts Institute of Technology, the average cost a long-distance call across the United States was found to be approximately 22 U.S. cents a minute. Via the Internet it cost just 1.5 cents a minute, Christensen said. In another study, the cost of faxing a 42-page document to Tokyo from New York through the Internet was less than one cent, against more about US$28 faxed via the telephone system. Rantakokko told the conference telephone companies could adopt some of the Internet systems to bring down costs, such as improving computer switching technology. They could also use the Internet to offer new products, such as multi-media services like on-line video and audio programmes and become Internet service providers. ``If telecom operators want to avoid the risk of losing touch with their main revenue generators, they will need to adopt the Internet,'' Rantokokko said. One way for telephone companies to exploit demand for the Internet would be for them to offer an efficient method of using it, such as via satellite. Stuart Browne, managing director of the Asia Pacific division of SATTEC Global Networks Inc of the United States, said telephone networks were aleady being exhausted by Internet usage. International telephone networks were designed for two to three minute calls. But Internet ``surfing'' and intra-company messaging had stretched average call times to up to half an hour in some cases, he said. ``Typically, anywhere you go on the Internet requires 16 routers with several seconds delay for each stage,'' he said. ``The solution is to go through the sky.'' |