Earlier this morning VOSC.OB share prices rose 54% in the first hour of trading. At the end of the day the share prices closed at a 33% increase with more then 3 times yesterday’s volume.
Investors are taking notice of Vocalscape Networks and the market sector that they are in. The company offers their clients online voice mail, call forwarding, and other services including the most recent addition, IP termination.
The New Paradigm Group estimates that there were approximately 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.
The future looks very bright for Vocalscape Networks as they show their strength in the services they offer, and as Voice over IP (VoIP) gains market share from traditional phone services.
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