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Report: VoIP Lines to Quadruple in ‘04

5/17/2004 6:05 AM Eastern

New Paradigm Resources Group Inc. is high on voice over Internet protocol.

A new report from the research firm estimated that VoIP-access lines will multiply four-fold from 298,900 last year to more than1.2 million in 2004.

NPRG sees VoIP-access lines further doubling to 2.3 million in 2005, then doubling again to 4.2 million by 2007.

“VoIP -- which had slow beginnings less than a decade ago and was not taken seriously by major players at the time -- suddenly has emerged as the new potential ‘killer app’ of the decade,” NPRG president Terrence Barnich said in a prepared statement.

“Now everyone is racing to play catch-up,” he added.

 

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