VoIP Inc shutters network, takes $24m hit
Source: saunderslog.com
VoIP Inc is taking a $24 million hit, and laying off staff as it regroups by closing down it’s network and call termination business to focus on it’s patented click-to-call advertising system. It was inevitable, as small companies that built termination networks in the early heady days of VoIP failed to evolve fast enough to stay out of the way of larger businesses like Level3 and XO. VoIP Inc is one of the smart ones that was able to developed a protectable value added business.
