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Broadband

OTT VoIP to cost telecoms industry USD 479 bln by 2020

Monday 29 October 2012 | 10:32 CET | News
While over-the-top (OTT) VoIP services are not about to replace traditional telephony, they will have a marked impact on telcos' revenues over the next eight years, according to Ovum. Forecasts from the analyst firm say that OTT VoIP will cost the global telecoms industry USD 479 billion in lost cumulative revenues by 2020, which represents 6.9 percent of cumulative total voice revenues. New research into the 'Future of Voice' suggests that although revenues continue to fall, voice traffic is shifting rather than collapsing. Ovum believes that a focus on creating cloud-oriented telephony

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Categories: Internet
Companies: Ovum
Countries: World
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