| Three comments First, if VoIP is so insignificant, why are the various regulators and state attorney generals (in SBC territory) and the like making such a fuss about it? Why not wait until the industry matures a bit before frothing at the mouth over it?
Second, bear in mind that there are a good many traditional long distance providers that have less than 1% of the market. When you are carving up a very big pie, even a small percentage can be quite satisfying.
Third, of course total voice revenues are going to be lower, because VoIP companies charge less! The people spending $25 per month for unlimited local and long distance service are not going to be a large a percentage of "total voice revenues" even though their numbers might be higher than the revenues would suggest, if you catch my drift. I'm not disputing that right now VoIP users are a very small percentage of that very large communications "pie", but anyone who uses total voice revenue as the yardstick for growth in the VoIP industry may someday be blindsided by the actual number of VoIP users. |
