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View Full Version : VoIP to Kill Off Traditional Telephony - It's a $25 billion business


GNG News Guy
04-27-2008, 01:52 PM
http://i.dslr.net/urls/34/4734.gif (http://www.dslreports.com/shownews/VoIP-to-Kill-Off-Traditional-Telephony-93944)
Grant Thornton, an expert analyst in the business and finance industries, has issued a report (http://www.fiercewireless.com/press-releases/voip-will-ride-out-global-downturn-telcos-look-isp-and-lt-companies-gain-foothold) stating that VoIP services are going to continue to grow rapidly and pose a threat to traditional telephony in just a few short years. Citing a four-fold increase in VoIP subscriptions over the past two years, he predicts that the VoIP market will see over $25 billion in revenue by 2010. He says that the biggest change that we re likely to see this year is an investment by large telcos in retaining VoIP software developers to assist them in diversifying their offerings to include VoIP. Of course, there remain serious concerns about VoIP use including the issue of questionable security with the systems.
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