Vopium gunning for Skype after £11m cash injection

The underdog Danish voiceover IP (VoIP) company Vopium has received a large cash injection from a prominent Indian telecommunications investor and has declared it is gunning for Skype in a bid to compete with the frontrunning VoIP provider.

In a statement, Kataria said: We believe that the market demands an alternative mobile solution to Skype and the fast market penetration of smartphones opens up new and more intelligent ways of communication.

Vopium was founded in 2006 by Pakistani entrepreneur Tanveer Sharif. Users download software to their mobile phone, which then re-routes calls over the internet. It was initially founded to allow cheap calling to Pakistan, India and Bangladesh but launched throughout the world last year.