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?
It was a painstaking process, but to help B2B companies start 2017 off on the right foot, we recently compiled a comparative list of the top 34 business phone vendors in the world. In one, easy-to-reference location, we’ve neatly outlined the information you need. more
Many businesses rely on a collection of communication tools that they adopt to address specific needs as they arise. This strategy may seem to work in the beginning, but eventually will lead to a system that is cumbersome to use, difficult to explain to new hires, expensive, and effective in some areas, but full of gaps. more
Signing up with a VoIP provider is a major business decision that will affect your internal communications, customer service, and communications with business partners. The decision can be a difficult one; choosing the wrong VoIP provider can cost a business hundreds of thousands of dollars. more
Unified Communications (UC) is a new concept that is revolutionizing business communications. Every year, more and more companies are ditching their traditional PBX systems for a UC solution. But before you make the move, it’s critical to understand how UC will affect your workplace and employees. more
VoIP phone systems and mobile apps are becoming very popular for business use and are helping companies streamline their business communications on the go, while reducing costs. In fact, according to a study by Infonetics Research, VoIP subscribership has been growing at a rate of approximately 14%, year over year, each year since 2009. more
Q: When I call a customer, they see my VoIP phone number in their caller I.D....
Q: I'm a small business owner, and I need low-cost internet telephon...
5 Standard Features every business phone should have
This article provides a detailed checklist of business phone system features for...