Jajah : Voipswitch bought over
Voiceserve (VSRV), is hitching its wagon to other revenue streams such as a VoIP USB Memory phone. The device (a 128-megabyte drive) allows customers to keep call records via Voiceserve's website. The device contains the added advantage of portability. Other streams include call shops which let people VoIP overseas, being charged very reasonable rates. The company boasts it can offer savings to customers anywhere up to 85 per cent. VSRV in 2007 has set its targets on an outfit known as VoipSwitch, for which Voiceserve paid $3 million (all figures in U.S. dollars unless indicated otherwise) in cash and stock. That deal is expected to close by the end of the year, and will enjoy the benefits of an in-house VoIP network solution, complete with customizable billing options. This will better enable Voiceserve to better integrate VoIP services into its revenue streams. Projected revenues for the next year are expected to top $7 million.
2007-12-17 08:21:15