A look at VoIP earnings and sub growth

Earnings season is upon us, and I've compiled relevant subscriber and revenue numbers for the VoIP services of major telcos, MSOs, and pure-play VoIP companies. Overall, migration to VoIP remained solid, if not stellar, in the second quarter. While most of the MSOs and Skype saw strong subscriber and revenue growth for their VoIP services, the telcos and business VoIP provider 8x8 [1] expanded somewhat more slowly.

There are more significant announcements to come regarding the state of the overall market. The granddaddy of pure-play residential VoIP providers, Vonage, reports earnings next week, as does MSO Comcast [2], which reported 298,000 Digital Voice adds in the first quarter.

Verizon will be another important company to watch in the next few months, even though the company doesn't have serious VoIP market share. Gary Kim at TMCnet [3] thinks that the time is near where Verizon will start marketing its VoIP services more prominently, to compete with other bundled offerings from MSOs and other telcos, as well as the pure-play VoIP companies. Fellow TMC editor Tom Keating pointed out that Verizon's Digital Voice is not technically VoIP in a blog post in December [4], but he also makes the point that the company would be wise to transition to full VoIP to move to a converged network.

Here is a rundown of performance this quarter for those companies which have reported results already. 

8x8 [1] - Though the company added a record 2,907 business customers in the quarter and posted a $414,000 profit, revenue was down year-over-year and sequentially.

AT&T [5] - Added 176,000 U-Verse voice subs, and said it will continue to market this service aggressively in an attempt to offset wide landline losses. 

Cablevision [6] - Added 37,600 Optimum Voice subs in Q2, to bring its subscriber base to nearly 2 million. The company reported $192 million in revenue from this segment for the quarter. 

Cox [7] -  Said digital voice customer base is growing, but since it's a private company, specific subscriber and revenue information was not made public. 

Sprint [8] -  Announced it has 4.7 million users of cable partner VoIP services, an increase of approximately 100,000 sequentially.

Time Warner [9] - added 103,000 digital voice subscribers in the quarter, bringing its total customer base to more than 4 million. Digital voice services accounted for $471 million in revenue for the quarter, or more than 10 percent of the company's total revenue. 

- Pete [10]
@fiercevoip [11]