VocalScape Networks is growing in share price as Voice over IP (VoIP) gains market share from traditional phone services.
The New Paradigm Group released a study on the changing VoIP market. They estimate that there are approximately were 6 million VoIP users in the United States on March 20, 2006. That number is expected to increase 400% by the end of 2008 to a total of 24 million subscribers.
VocalScape Networks has a competitive advantage because of it’s collection of proprietary technology and its full suite of services offered to the clients. They offer clients online voice mail, call forwarding, and other services including the most recent addition, IP termination. IP Termination allows their customers to place calls through Voice over IP (VoIP) to reach public switched telephone networks (PSTN).
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