I came to know that Vonage has reached out an agreement with retail giant Wal-Mart to enhance its VoIP services in Canada, one of the major markets of VoIP. A good deal for Vonage, though I have no financial details of the agreement.
As per the mutual agreement, Wal-Mart would sell Vonage VoIP phones in its all most all the 1, 3000 retail outlets throughout Canada. Interestingly, it is for the time that Wal-Mart stores will have bunch of VoIP phones, no matter it is Vonage phones.
It is an open secret that Vonage, which pioneered in popularizing the concept of VoIP in the world, is now one of the worst strugglers in the current market with increasing customer churns and rapid decline in profit rates. With Wal-Mart ready to promote Vonage phones in Canada, the company is likely get a major boost in Canada market.
