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Report: Internet Telephony Poised to Transform Global Telecommunications

Authored by Mark Hefflinger on May 26, 2004 - 7:17am.
London -- According to a new study conducted by analysis firm Juniper Research, Internet telephony -- also known as Voice over Internet Protocol (VoIP) -- is set to account for about 12% of global telephone revenues within the next five years. Juniper goes on to predict that the VoIP market will account for roughly $32 billion of the estimated overall market of $260 billion by the year 2009. "VoIP brings new revenue-generating opportunities to the telephony market, by combining voice services with other IP applications," said Juniper Research broadband specialist Ian Cox. "This will redefine the telephone, bringing brand new services with telephony at its core." The report also called on lawmakers not to over-regulate the market. "A balance needs to be established between promoting healthy market competition and ensuring widespread VoIP adoption on a fair and equitable basis," Juniper said. "VoIP requires nurturing in the early years as the market develops."
http://www.juniperresearch.com
tags: Internet | Reports | telecommunications | Global | Telephony |



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