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September 29, 2005 | Comments: (0)
VoIP buzz focuses attention, and dollars, on Skype and Vonage
The skyrocketing interest in the promise of Internet-based voice and data services is apparent this week in news about VoIP providers Vonage and Skye.
Reports said Vonage may be planning to present an initial public offering (IPO).
Some analysts see now as the perfect time for Vonage to go public, IDG News Service reported. On Sept. 6, Vonage announced it had exceeded 1 million VoIP lines in service in North America, the first VoIP provider to do so. In March, Vonage announced it surpassed 500,000 lines.
Skype Technologies, for its part, went live with an updated version of its Internet telephony software, adding call forwarding and personalization options to its popular VoIP service, IDG News Service said.
Earlier this month, Luxembourg-based Skype agreed to be acquired by eBay Inc. for around $2.6 billion in cash and stock. Skype advertises a registered user base of 56 million, with more than 3 million people simultaneously connected to its service at any given time.
Posted by Jack McCarthy on September 29, 2005 02:04 PM
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