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article imageVoIP to cost global telecom industry $479 billion until 2020

By Andrew Moran     Feb 20, 2013 in Business
Belize City - Voice over Internet Protocol, otherwise known as VoIP, has become one of the staples of modern day technology. Instead of using a basic phone line, those who wish to speak to someone can do so over the Internet.
Whether it’s SMS, voice, fax or voice-messaging, users can send the aforementioned through their Internet connection.
The market has been significantly altered since the service first entered the market nearly a decade ago. From the first generation of similarities to the legacy phone network to the latest generation of Google Voice or Talk, individuals have the luxury of convenience and cost savings.
As smartphone functions and capabilities expand so do the uses of VoIP. This service has become commonly available for owners with smartphones and Internet devices so they can make phone calls and send text messages over 3G or Wi-Fi. It was recently reported that BlackBerry is in the process of signing an agreement to begin VoIP services across the United Arab Emirates (UAE).
Mozilla announced earlier this month that developers can produce Firefox WebRTC applications and make direct audio/video calls using Google Chrome WebRTC applications. Essentially, this means that Chrome and Firefox can communicate with one another using a technology that can create high-definition video and crisp sound.
Although there are many benefits to using VoIP, the telecommunications industry is losing out on significant revenues. It is estimated that VoIP will cost businesses across the globe approximately $479 billion over the next seven years.
This means that telephone operators are making mobile phone users’ lives difficult when it comes to using certain apps. IT Web reports that mobile companies are impairing people’s mobile VoIP usage by shaping data traffic and lowering advantages to such apps by charging premium data rates.
“The operators are being very vague about this, but they are in the early stages of rolling out premium rates for VOIP use, and it is possible for them to shape the traffic. For the networks, [mobile VOIP] is an inefficient use of the data layer,” said Arthur Goldstuck, MD of World Wide Worx.
Nevertheless, a service that is taking the market by storm is VoipClub, a company that offers low rates to anywhere around the world, virtual numbers, text messaging and many other features and rewards. The free VoipClub software works on many operating systems, including Windows, Linux and Mac as well as apps for the Android and iPhone.
VoipClub users have the option of making phone calls over the Internet for free to another computer. Users are charged per minute for making calls to landlines or sending out text messages. The rates vary from country to country and are priced in euros: 0.074 euros ($0.09) for a text message to the U.S. or 0.0089 euros ($0.11) for telephone call to the U.S.
One of the primary features is Direct Inward Dialing (DID). This allows you to establish your own telephone number in other nations and gives your family, friends and colleagues the advantage of calling you for free using their local nation number.
With this function, there are no setup fees and the monthly rate varies from nation to nation. In the U.S., a monthly fee is 1.28 euros ($1.71), while it’s 1.50 euros ($2.03CAD) in Canada (15 euros in the city of Toronto, 416). This is substantially lower than the average monthly rates of $22.95 per month for a home phone line.
Another option that your local provider most likely won’t offer you is an affiliate program. VoipClub users can place a link or a banner on their website, forum or blog and anyone who then accesses VoipClub through your website will become your referral. Each individual receives between 0.5 percent and two percent from each referral.
Indeed, the landscape of making a simple phone call has drastically changed from when it was first invented. From standing in your kitchen holding a candlestick phone to your ear to working a rotary phone to now speaking to a computer screen, the concept of making a phone call may become extinct in the next couple of decades.
More about Voip, Telephone, telecommunications industry, voipclub, Google voice
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