Driven by businesses' move to cloud-based services and SIP, the global VoIP service market rose 5 percent year-over-year in 2015 to $73 billion. IHS said that while residential VoIP services from providers like Vonage represent a large part of VoIP services revenue, business services and a diverse supplier ecosystem are driving new growth.
Cincinnati Bell introduced a new service to entice small businesses to migrate to a cloud-based voice services system as it looks to thwart emerging threats from Time Warner Cable and its soon-to-be parent Charter Communications.
Windstream has asked the FCC for permission to shut down its VoiceEclipse VoIP Service, signaling its move to sharpen its next-gen service sets.
GTT Communications is acquiring One Source Networks for $175 million, a deal that will enable GTT to further grow its data, SIP trunking and managed service portfolio to serve more Fortune 1000 business customers.
Vonage is on the acquisition trail again, announcing that it is purchasing iCore Networks for $92 million, a deal that will enhance the service provider's growing Unified Communications-as-a-Service (UCaaS) service set for business customers.
TDS Telecom is anxious to get more of its business customers to subscribe to its growing managedIP service and is offering businesses that buy a Polycom VVX500 phone to use with their managed service a second phone for a penny.
Cincinnati Bell's strategy to become a fiber-based broadband company continued to bear fruit in the first quarter as the service provider passed an additional 22,600 addresses with its Fioptics fiber-to-the-premises (FTTP) service.
XO Communications is helping its business customers focus more on their fundamental strengths by launching "HPBX Concierge," a "touch-free" feature for its Hosted PBX service.
Vonage has reached a deal to acquire privately-held SimpleSignal for $25 million, a deal that will add another element to its Unified Communications as a Service (UCaaS) portfolio it is bringing to its growing small to medium business (SMB) customer base.
A federal jury in Maryland has awarded Sprint $27.6 million in damages stemming from claims that Comcast infringed on a number of the service provider's optical networking patents.