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ptrowski
Got Helix?
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join:2005-03-14
Putnam, CT
kudos:4
Reviews:
·VOIPo

reply to AlexNYC

Re: The Telcos win ?!

said by AlexNYC:

I think some people are missing a major point. If Vonage goes down, this is just another win for the big telcos, and lets see a show of hands how many people around these forums would like that. I personally would like to see VOIP services prosper and grow, that way the competition will keep the prices in check. We all know what the telco monopoly does to prices.
Exactly. Competition is good.
--
"A religious war is like children fighting over who has the strongest imaginary friend."

Have you been touched by his noodly appendage? »www.venganza.org

Austinloop

join:2001-08-19
Austin, TX
kudos:1
Reviews:
·AT&T U-Verse

Granted, competition is good. To have competition, both sides of the equation must have viable business models. I realize that may be questionable for the telcos. However, it is definitely questionable for the pure VoIP businesses, such as Vonage. They appear to be in continuous financial trouble and may go under at sometime in the future. (Anyone remember SunRocket?)

I am not seeing a viable, long term competition at the moment. And, yes, I would suspect that Vonage, or most other companies, will have a difficult time getting loans in the near future.

Someone correct me if I am wrong, but has Vonage every turned a profit? If not, I suspect that could be a deterrent to loaning them money.


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