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TalkFree Reports Record Growth in Third Quarter

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Posted November 21, 2010

SAN FRANCISCO--(BUSINESS WIRE)-- TalkFree, a leading international VoIP and mobile VoIP carrier, has announced performance results for the quarter ended Sept. 30, 2010. The company’s total number of calls nearly tripled from 23.4 million to 63.9 million from the year-ago period. This represents a 270 percent increase in call volume from a year ago and puts the company on pace to complete more than 200 million calls and surpass 1.5 billion SIP-terminated voice minutes over its network in 2010.

“Our performance in the third quarter was outstanding,” says Dave Rawlings, chief executive officer of TalkFree. “Despite the global economic challenges, we achieved record levels of call completions, voice minutes, revenues and profits for the sixth consecutive quarter. It’s clear that our investment in mobile VoIP technology and operational excellence is producing strong results.”

Highlights for the third quarter include:

  • Record 63.9 million call completions
  • Record 450 million SIP-terminated voice minutes
  • Record mobile VoIP calls and minutes of use
  • Record number of resale partners worldwide
  • Launched a third mobile VoIP dialer called fonefamily for S60 third and fifth generation NOKIA phone models.

TalkFree has become a trusted VoIP and mobile VoIP business partner for more than 2,000 resellers that serve hundreds of thousands of end user customers in Middle Eastern, African, Central American and South American markets. TalkFree has engineered its mobile VoIP dialers to be compatible with the most popular cell phones in these markets, giving customers the ability to make international calls and send SMS messages at a fraction of the rates charged by traditional mobile operators.

About TalkFree

TalkFree, Inc., is a leading facilities-based international VoIP and mobile VoIP carrier providing best-in-class services at competitive rates to communications distributors, entrepreneurs, businesses and call shop owners worldwide. The company operates primarily in the Middle East and Africa with targeted growth coming from Southeast Asia and rural areas of South America. It specializes in assisting local in-country communications providers by delivering a turnkey, plug-and-play VoIP “business in a box” with no contractual obligations and inexpensive start-up costs. TalkFree employs routing and advanced VoIP technologies to offer clear, high-quality voice calls. Its multiple access techniques also ensure high-quality voice connections regardless of Internet traffic volumes. All applications are managed in real time, in local language and local currency, and are supported by customer service experts who are available 24/7. TalkFree, founded in 2003, is headquartered in San Francisco, Calif. Learn more about the company at www.talkfree.com.



CONTACT:

TalkFree, Inc.
Jean Templin, +1-415-880-5517
Mobile: +1-415-248-6620
Director, Product Marketing
info@talkfree.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:   Technology  Internet  Networks  Telecommunications  Mobile/Wireless  VoIP

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