Monday, February 07, 2005

MSNBC - VoIP: Next big thing or telecom train wreck?

MSNBC - VoIP: Next big thing or telecom train wreck?: "Voice-over-Internet protocol (VoIP) has been hailed as the cure for what ails the telecommunications industry -- one that could potentially create new opportunities in a sector that has bled money and jobs since 2000.

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But with thousands of companies competing for VoIP business, falling prices and looming regulatory pressures, VoIP could become a financial train wreck for carriers already saddled with huge quarterly losses and billions of dollars of mounting debt."

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