My VoIP Provider - VoIP Services -

85 VoIP service providers shutdown in 15 months.

Many wannabe Internet and technology entrepreneurs think this new phenomenon called VoIP is a guarantee to make money - well think again - at least 85 VoIP services have shutdown in the past 15 months.

The VoIP industry has been growing exponentially since 2003 and especially 2006 saw significant growth with new services launching around the world on a weekly basis. Fuelled by the succes of Skype in Europe and Vonage in the USA many startups have decided to jump on the VoIP bandwagon and try their luck.

Without a significant differentiator or very deep pockets for marketing to create an online and offline presence it will be very difficult to survive in this extremely competitive market with call termination costs dropping rapidly and sqeezing margins.

So what you may ask?