Vonage Holdings announced Tuesday that it has placed one million lines of its VoIP offering into service.
The start-up firm is the U.S. leader in a rapidly growing field of companies offering paid broadband Internet telephone service. In a statement, Vonage chairman and CEO Jeffrey Cintron said: “In a very short time, Vonage has woken up a dormant televommunications industry.”
The firm, which has raised more than $400 million in financing, is said to be planning to raise $600 million in an IPO.
Subsea cable alternatives can provide a level of comfort for those concerned about disruptions. Realistically, they will continue to play a small, but critical role in the short term.
Maintaining existing network infrastructures often incurs huge technical debt before newer technologies are adopted over time.
Amid ongoing regional uncertainties, telecom infrastructure in the Middle East has expand to include terrestrial low-latency network infrastructure, which offers resilience and agility in navigating political complexities without relying solely on undersea networks.
