Report: Business VoIP service revenue up in Q1

VoIP business service revenue was up 8 percent in the first quarter of this year, and the rest of the year could follow suit, according to a recent report by Infonetics Research.

"The market for business voice over IP services slowed during the financial turmoil of 2009, but we are now seeing a good uptick in new business across all segments, particularly in IP connectivity services. Based on all indications and the feedback we are getting from service providers, we expect 2010 to end on a high note, with revenue up 13 percent over 2009," said Diane Myers, directing analyst for VoIP and IMS at Infonetics Research.

"The market for business voice over IP services slowed during the financial turmoil of 2009, but we are now seeing a good uptick in new business across all segments, particularly in IP connectivity services. Based on all indications and the feedback we are getting from service providers, we expect 2010 to end on a high note, with revenue up 13 percent over 2009," said Diane Myers, directing analyst for VoIP and IMS at Infonetics Research.