My partner in running The Canadian Telecom Summit, Michael Sone, likes to point out that there are still profitable niches to be found in the Canadian long distance business.
Telehop released its numbers this morning and proved that Michael is right. Volume of calls and minutes are up, and so are their revenues and net income. Looking at the numbers, you can see that the company is transforming the traffic mix, growing the number of customers despite the popular view that international traffic would all migrate to ‘free’ calling like Skype.
In the meantime, Telehop has grown revenues by more than a third year-over-year to more than $20M. Nice to see some folks are still making money from long distance.
Technorati Tags:
Telehop, VoIP, Michael Sone, Canadian Telecom Summit, Long Distance, Mark Goldberg