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VoiceOne On A Roll |
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Written by Adam Gosling
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Friday, 29 June 2007 |
The new management at VoIP, Inc. subsidiary, VoiceOne, are boasting of substantial increases in monthly minutes. Since joining the Company in September, monthly minutes have increased about 375% thanks to increased customer usage and the expansion of its facilities based network.
IN the process, the Company's revenue has also increased by approximately 400% compared
to the previous year, due to a higher billable rate per minute. In
addition to higher revenue, the company has also significantly reduced
the cost of carrying the traffic, it says.
The Florida-based VoIP specialist
operates an advanced MPLS(Multi-Protocol Label Switching) network and this year completed the initial phase of its U.S. national
network infrastructure service through the expansion into additional
locations in New York, Florida, Massachusetts and Georgia.
"We continue to make
progress in increasing the utilization of our Network, through the
signing up of blue-chip customers," said Anthony J. Cataldo, VoIP,
Inc.'s Chairman and CEO.
"At the same time, we have streamlined
operations, reduced interest expense and focused on reaching
profitability. Despite challenges created by a legacy capital
structure, VoIP has never been in a better position to drive revenue
growth and improve operating results."
The network expansion allows it to service more than 50 million households and business
subscriber lines. Thanks to the enhance market penetration, VoiceOne has been able to improve
quality of service and reduce its overall cost, says a company statement.
Additional expansion is expected to continue
throughout the year, ultimately enabling the company to offer services
in 21 additional States covering a total of more than 200
million subscriber and enterprise lines.
"We continue to
enhance our reputation as a quality provider of network carrier
services," said Shawn Lewis, VoIP, Inc.'s Chief Operating Officer.
"Several of our recent contract wins reflect our ability to provide
low-cost, high quality solutions to leading companies throughout the
country."
http://www.voiceone.com
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