My Net Fone has announced that it has received greater than expected demand for its VoIP services since listing on the ASX in May.
The company, which launched with its own network in December 2004, has reported that its paying subscribers at June exceeded 12,500. This represented an increase of 25 percent since April, when the company’s prospectus was lodged with the ASIC.
In an ASX statement the company said strong growth in VoIP traffic was translating to a lower wholesale purchasing rate, thus allowing the company to compete more effectively.
Traffic for the My Net Fone’s VoIP network exceeded 10 million minutes in May.
The company now expected to shortly announce several new initiatives aimed at increasing this current growth spurt. This would include a range of new plans which would take advantage of decreasing wholesale rates.
VoIP demand fuels My Net Fone
By
Staff Writers
on Jul 17, 2006 11:49AM
Got a news tip for our journalists? Share it with us anonymously here.
Partner Content
MSPs with a robust data protection strategy will achieve market success
.png&h=142&w=230&c=1&s=1)
How mandatory climate reporting is raising the bar for corporate leadership
_(21).jpg&h=142&w=230&c=1&s=1)
Empowering Sustainability: Schneider Electric's Dedication to Powering Customer Success
Beyond the box: How Crayon Is Redefining Distribution for the Next Era
Guiding customers on the uneven path to AI adoption
Sponsored Whitepapers
Cut through the SASE confusion
Stay protected as cyber threats evolve
Defend Your Network from the Next Generation of AI Threats
.jpg&w=100&c=1&s=0)
The race to AI advantage is on. Don’t let slow consulting projects hold you back.
_(8).jpg&w=100&c=1&s=0)
The changing face of Australian distribution
