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Thursday, November 24, 2005

Wroom - wroooooom: Asia VoIP set for rapid growth

A new research has found that "Internet telephony in Asia will triple to total almost 500 billion call minutes by 2009 and prices will fall."

The basis for the growth is good, with major players moving into the market. eBay's purchase of Skype might just be one indicator, but we also find Yahoo active in Japan, and the article mentions the Hong Kong Broadband Network as well.

Clearly, Asia is far ahead of the rest of the world in VoIP, and this further indication is clearly a signal to other players to get ready for more. However, what could also be the case is the usual overpromising and the "trying-to-push-it-to-the-consumer-move", that is so frequently taking place when new services fail to take off.

(By Asia Business Consulting)