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
  • [Infographic] 8 Common Pain Points UC Eliminates

    Every company has moments of frustration, it is when these moments become extended periods of inefficiency, or pain points, where we start to see loss in productivity and employee morale. What truly sets a successful business apart from those of its competitors, is how they take these pain points and use them as opportunities to improve upon procedures and systems to eliminate pain points and move beyond what was the status quo. more

  • Go VoIP and Go Green

    You may be looking to switch to VoIP because of the cost benefits that it will bring your company, but did you know that it is also FAR BETTER than traditional phone systems for the environment as well? With environmental impact being at the forefront of both consumer and business minds, it is essential that business decisions are made now based on economic AND ecological impact. more

  • eGuide: Comparing UC Vendors

    Changing your company’s business communications solution is an investment in time and money that will touch everyone in your organization. A successful unified communications (UC) deployment should streamline everyone’s work flow, simplify IT operations and deliver a lowered total cost of operations. Your company deserves nothing less. more

  • Getting More from Your VoIP System

    Too many businesses fall into the trap of setting up their VoIP as a "plug and play" and getting to work. However, we have found that this thinking only leads to businesses failing to get the most out of their VoIP experience. We have put together an in-depth guide that will walk you through 15 easy steps to get more out of your system. more

  • Making Your Phone System Work

    Deciding what to do about a legacy phone system can be difficult. The advantages of modern systems like VoIP are well-documented, but the switch can still be resource intensive. Updating your old system is usually the better decision, but circumstances often make this impossible. Fortunately, there are other ways to improve and tweak an existing system to enjoy better performance. more

Related Articles