VoIP Companies Going Bankrupt?
As a reader put it nicely1 - VoIP business is no different than the long distance business. High costs of acquisition, and very low margins.More here.
In other words it is a sucker’s game. One IP Voice, learnt this the hard way, and had to file2 for Chapter 11 Bankruptcy protection as it tries restructures.
posted by Fergie @ 12/21/2006 04:51:00 PM
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