
Buzz Technologies is pleased to announce a series of developments in the company’s mobile unit. One of them is a WAP based VoIP that allows mobile phone users to make low cost calls directly from their mobile phone. “This service is free to all members of Buzz’s Social Networking Sites, BuzZMe In and the Chinese Xirxi. Services such as VoIP, video, music, radio, news and instant messaging coupled with mobile devices such as a WiFi enabled iPod, and the ubiquity of broadband will result in 100 million consumer mobile VoIP users in 2011,” says Sutida Suwunnavid, Chairwoman of Buzz Technologies. “WiFi enabled mobile entertainment devices will make up 36% of all mobile VoIP devices sold in 2011.”
Buzz needs no special equipment or software, just a WAP enabled phone. Sutida also predicts that by 2011 Skype will have 25% of the world's VoIP users and $1.2 billion in voice service revenues. Buzz is aiming at Market penetration of 12.5% and $600m in revenue by 2011.