The report brought out by US based research firm by TeleGeography states a remarkable increase in the number of Internet Phone Subscriptions in the third quarter of 2005. There is 33% increase in comparison to the second quarter.
The number happens to be quite small as compared to residential phone lines. As per the given estimates the number of VoIP users has risen as compared to the third quarter of 2004.
The growth in the VoIP telephony is expected to result in the shrinkage of the traditional telephony. As it is major conventional telephone companies are experiencing the poaching from VoIP telephony. The traditional phone companies such as Verizon and SBC are setting up optical networks to offer internet and video services.
The growth in the VOIP segment has also been attributed to the success of Time Warner Cable that happens to be the largest cable VOIP provider.
Moreover the services happen to quite cheap so more and more consumers are making a shift.
It needs to seen how the things will shape up.
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