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?

Featured Research
  • What You Need to Know About VoIP Security

    No matter the industry or area of expertise, a strong VoIP system is the perfect tool for any business looking to take both its internal and external communication to the next level. more

  • Are You Using These 5 VoIP Features?

    In large part, the success of your business depends on the strength and reliability of your team’s many communication networks—this includes your Voice over Internet Protocol system (VoIP). more

  • Go Mobile and Increase Employee Productivity

    The Bring Your Own Device (BYOD) and Voice over Internet Protocol (VoIP) tech trends now allow people to work whenever, wherever, and however they want—mobility makes it happen. more

  • [Infographic] How to Select a Phone System in 10 Steps

    Choosing the perfect phone system for your business is no small task …. Depending on the size of your company, the industry in which you work, and the specific needs your phone system will be required to meet, any number of solutions could get the job done. more

  • 2017 Business VoIP Cost Guide

    Reducing expenses is one of the main reasons that businesses switch from traditional office phone systems to VoIP technology. But many people rush this decision and end up spending more than they need to. The costs of implementing a new VoIP system can increase quickly, especially if you don’t strategically plan for it ahead of time. more

Related Articles