According to MyVOIPConsultant, an Asterisk Consulting Service, their porfits for the first two quarters of this fiscal year (2007) exceeds their expectations giving them record-breaking profits for the year so far. MyVOIPConsultant co-founder and CEO, Cullen Powell, attributes the success of their business to the growing popularity of Asterisk. According to Powell, “The VoIP industry..has an estimated 10 million VoIP users in 2007 and a number expected to grow to 24 million by the end of 2008, you can get an idea of how well the industry has been treating us. The bottom line is [Asterisk] saves people money, and lots of it. Especially businesses. Everyone is switching to VoIP, and if they’re not they will eventually. You can say goodbye to your conventional phone systems. As for MyVoIPConsultant, we really didn’t expect to see these kinds of numbers and we’re just amazed at how successful the company has been. Watch out for us in 2008, because we’ll be rapidly expanding into new markets.”

The popularity of Asterisk-based VOIP systems comes as no surprise especially since as MyVOIPConsultant website puts it, “99% of businesses with 4 or more land lines who drop their conventional phone service for an asterisk based VoIP system save over 60% on their monthly phone bill”. And that is just on the phone bill alone. Aside from the savings Asterisk, being open source, is very customizable so that it can fit almost any business’ needs.

Although there are no solid reports right now of the profits of other businesses dealing with Asterisk it wouldn’t be surprising to know if they are also having record profits this year. According to Telecompaper, “The global revenue from retail IP telephony services reached USD 6.91 billion in 2006, up from USD 1.83 billion in 2005, according to new research from Point Toptic. Western Europe generated revenue of USD 2.64 billion, followed by the Asia-Pacific with USD 1.75 billion and North America with 2.41 billion revenue. Monthly ARPU was highest in North America at USD 20, followed by Western Europe and SE Asia with USD 15 each and the Asia-Pacific and Latin America with USD 10 per month each.”

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