Cable & Telecom

Global VOIP subs will pass 55 Million in 2009

SCOTTSDALE, Ariz. - The global market for consumer voice over IP services was about 16 million at the end 2005, reports In-Stat, and is and projected to grow to over 55 million in 2009. But despite a 62% year-over-year subscriber growth rate in 2005, few consumers say they have heard of the term "VoIP", the high-tech market research firm says. “This indicates providers have to continue to educate the public, and that there is considerable room for market growth.” It also indicates that many operators are shunning the awkward-sounding term, preferring marketing jargon like “home phone” or “digital phone”. "Competition...