VoIP provider Vyke expects to see a strong performance over the rest of 2009 as demand for the technology remains strong despite the global recession.
While the company has announced a wider full-year 2008, which it said is due to acquisitions, it remains confident that the VoIP market is doing well.
Posts Tagged: recession
The economic crisis has frequently been held up as an opportunity for the VoIP industry to introduce businesses to the benefits and efficiencies offered by "non-traditional" telecom services.
But Kent Hellebust, CMO and general manager of Individual and Digital Phone Services at Telanetix, believes many VoIP service providers are failing to respond to the fast moving pace of the business retail channel.
He tells voip.biz-news how telecom vendors can effectively capitalise on potential opportunities in the US Small and Medium Business (SMB) market.
While cellphone shipments and subscription numbers have held up relatively well during the global recession, the outlook is more tumultuous for the mobile industry.
In-Stat forecasts that both handset sales and subscriptions will take a hit this year.
Customer spending on new IP lines and desktop gear declined significantly last year in North America compared with 2007.
Much of the downturn during 2H08 can be attributed to fewer orders from three key verticals devastated by the recession: financial services, manufacturing and retail, according to research from T3i Group LLC.