|
Sunrockets VOIP sun has set |
|
|
|
|
Wednesday, 18 July 2007 |
|
If you are a Sunroke customer this has not been your lucky weekt
It almost sounds like looking for the guy who sold you the Brooklyn bridge. 200,000 customers of the Voip company Sunrocket have been left in the lurch as the first Voip company and the second largest today after vonage has kicked the Voip bucket. There was no apparent warning to this move and incredibly some of the service was still working. The Voip business has certainly had its ups and downs in the last few years. The most visible giant on the VOIP scene is skype where most of the services offered are free. Skype was bought by e-bay for a huge amount 2.6 billion dollars. It was never clear how other companies could compete in a business environment that didn’t charge for most services. In fact vonage IPO was a unmitigated disaster with the stock now at around $3.00 a share. Many Voip companies are having difficulty turning a profit as the profit margins on the service provided is very small and as already stated much of the service is free. In fact for a long time even calls on skype inside the US were free even to outside lines! This collapse of Sunrocket does not bode well for anyone in the Voip market today as future customers may be wary of placing their Voip numbers on websites and other places for fear that one day they will be unusable. |