Cost Benefits and Broadband Penetration Driving VoIP in Latin America

By Mani Soundararajan TMCnet Contributing Editor Traditional local and long distance telephony operators in Latin America are facing increasing competition from Voice over Internet Protocol (VoIP) services, which are being driven by their inherent cost benefits and the increasing penetration of broadband and triple-play. New analysis from Frost & Sullivan , VoIP in Latin America 2008, finds that the market earned revenues of $72.3 million in 2007 and estimates this to reach $625.9 million in 2012. “The growth of VoIP and IP Telephony is [expected to be] one of the most important factors for a 2.8 percent yearly dip in local revenues and a 7.9 percent dip in long distance revenues in Brazil during the next six years,” said Frost & Sullivan analyst José Roberto Mavignier, in a statement. “Analyzing end-user response, Frost &... [read full story]