Lightyear Network CEO Discusses Telephony and Wireless

J. Sherman Henderson Addresses COMPTEL Attendees

By Stan Baldwin
Updated: April 01, 2011

Lightyear Network CEO Discusses Telephony and Wireless

J. Sherman Henderson III, Chief Executive Officer of Lightyear, speaking at the COMPTEL Plus Spring 2011 Convention & Expo, held in Las Vegas this March 20-23, offered his opinion that “VoIP ... will continue to be an integral part of overall communications ...” The recent FCC report “Local Telephone Competition: Status as of June 30, 2010” noted a 21% increase for interconnected VoIP subscriptions over the previous year.

The FCC report also noted, in June 2010 the number of business connections for VoIP were 3.67 million vs 57.75 million switched access lines. A ratio of more than 15 to 1, favoring traditional switched access lines, suggests Mr. Henderson is correct, there should be ample room for continued rapid growth in VoIP services for business. The Lightyear press release also noted figures provided by U.S. Business VoIP Overview forecasting a 17% CAGR growth rate in VoIP revenue over the period 2010 to 2013.

Mr. Henderson predicted telecoms (including Lightyear, one presumes) will become more active in international VoIP markets. The press release notes “Its [VoIP] benefits, including low rates, ease of usage, expanded feature sets and increasing reliability/quality, make it an important industry driver.”

Lightyear also sees convenience, increased data speeds and the rise of smartphones leading to expanded opportunities to provide wireless services to mid-sized companies and will focus on this area as well. Might this be a firm grasp of the obvious?

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