To: Hawaii60 who wrote (9408 ) 6/18/1999 12:45:00 PM From: Jules B. Garfunkel Respond to of 30916
All, UAlert.com gives Investment Opinion; Reports that IDC states the Voice Over Internet Service Industry will grow to $1.8 Billion Annually by 2003. Jules ====================== June 18, 1999 05:14 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 (OTC BB:ACCR), which recently announced a $10 monthly flat rate VOIP service in the U.S. and Canada. Other players include IDT (Nasdaq:IDTC), Netspeak (Nasdaq:NSPK), VocalTec Communications (Nasdaq:VOCLF). The current VOIP players will be competing with major traditional long distance carriers such as AT&T (NYSE:T), MCI WorldCom (NYSE:WCOM), Sprint (NYSE:FON). For rapid growth and to gain marketshare, the VOIP players may look to partner with other Internet services such as AOL (NYSE:AOL), Prodigy (Nasdaq: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