US VoIP market is growing fast—but Europe is growing faster

The number of US consumer VoIP subscribers soared from 6.5 million in mid-2006 to 11.8 million by the 2nd quarter of 2007, according to TeleGeography’s US VoIP Research Service. While the growth of network-independent providers like Vonage has slowed sharply, cable companies’ rapid voice subscriber gains have more than made up the difference. TeleGeography projects that the number of US VoIP subscribers will rise to 23.3 million by 2011, driven chiefly by the strong growth of cable providers’ IP telephony offerings. MORE>>>