VoIP Inc., a leading provider of turnkey VoIP communications solutions for service providers, resellers and consumers worldwide, announced that it has doubled the size of its existing national network infrastructure to accommodate additional customers and increased traffic.
In addition, this expansion includes the further build out of the company’s own facilities, which replace and expand uncovered areas in the United States by adding four additional states. According to the company, this effort has enabled it to enhance market penetration, improve quality of service and reduce its overall cost of goods for products and services sold by as much as 50 percent through new vendor relationships and enhanced pricing and terms on existing ones. Additional expansion is expected to continue throughout the year, ultimately enabling the company to offer services to more than 200 million subscribers in 21 additional states through the use of its own network.
The company recently announced that revenue for August 2007 from its continuing Caerus (VoiceOne network services) business exceeded $1 million. Revenue increased by approximately 17 percent from July 2007 as a result of increased utilization of the company’s network, and higher margins associated with the revenue. Revenue from continuing Caerus business for the first eight months of the year has nearly equaled the total revenue generated by Caerus for the entire 2006 fiscal year.
VoIP Inc. www.voipincorporated.com
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