Global VoIP Network Expanded by Cordia

Cordia Corporation, a global communications service provider, announced that it has successfully added phone numbers from over thirty countries to its VoIP network. The additional countries are an important part of Cordia's new service offerings allowing customers to select phone numbers from as many as thirty-six (36) countries.

The international telecommunications market reached US$1.3 trillion in 2004 and is expected to continue to grow to approximately US$1.6 trillion by 2009. Nearly all of the projected growth is expected to be generated from developing markets worldwide. Globalization of world markets has also stimulated increased global migration. At the end of 2005, there will be an estimated 200 million foreign born individuals living and working in countries other than their birth countries. In the United States alone there are an estimated 40 million foreign born individuals. We believe this trend will continue to drive increased demand for efficient and low cost means of communicating across international borders.

"The rapid global deployment of VoIP services allows us to leverage global wholesale DID access to create a new telecommunications business model that takes advantage of high international calling prices and VoIP technology" said Joel Dupre, Cordia's Chairman and CEO. "We believe the trend in migration, our addition of thirty-six country numbers to our network, and the blending of VoIP technology, DID access and the large disparity between wholesale costs and retail rates gives us the opportunity to seize a significant share of the international communications market".

Posted on Feb 08, 2006  Reviews | Share |  Digg
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