More Q2 Successes for VoIP

Two more VoIP companies posted solid second quarter results Friday, following the recent trend of growth in the industry. Cordia Corp., a service provider offering a mix of CLEC and VoIP services, and i2Telecom, a manufacturer of VoIP products, both posted significant gains from the same quarter last year.

Although Cordia is still operating at a loss, it increased revenue by more than $5 million from the same quarter last year. Also boding well for future prospects, the company reported a 280 percent increase in its VoIP business.

i2Telecom reported income of nearly $3 million for the quarter, compared with a $2.1 million loss it took the same quarter in 2007. The company credited the successful sale of a patent and a new partnership with Green Sky Solutions Inc. for the positive ledger this quarter. 

For more:
- See the Cordia press release
- See the i2Telecom press release 

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