XConnect, a provider of international ENUM and peering services to communications service providers, experienced a near doubling of its revenue--rising 96 percent from 2008 to 2009. XConnect also saw 81 percent growth in IP traffic on its networks.
The company said in a release that its latest success shows the "rapid global adoption of VoIP." According to XConnect's CEO Eli Katz, "Rapid uptake of next-generation IP communications is driving our growth. We're seeing this because we provide an essential solution for service providers migrating from the PSTN."
XConnect provides the scalable and secure interconnection services for end-to-end all-IP communications that providers need for their buildouts. The company believes the rapid growth trend for IP will continue in 2010, spurred on by HD Voice and video offerings.
For more:
- read the release [1]
Related articles
XConnect creates HD calling trial [2]
XConnect raises $10M in Series B [3]
XConnect adds new VoIP peering options [4]
Links:
[1] http://www.xconnect.net/xconnect-reports-revenue-doubled-in-200/
[2] http://www.fiercevoip.com/story/xconnect-creates-hd-calling-trial/2010-01-21
[3] http://www.fiercevoip.com/story/xconnect-raises-10m-series-b/2009-09-15
[4] http://www.fiercevoip.com/story/xconnect-adds-new-voip-peering-options/2009-04-23