Voice-Over-Internet Industry Expected To Reach $1.8 Billion

International Data Corp. (IDC) expects the voice-over-Internet service industry to reach $1.8 billion by 2003, nearly 10 times the amount the Framingham, Mass., research company predicted for 1999.

Voice-Over-Internet providers (VOIP), such as Access Power Advanced Communications, IDT, Netspeak, and VocalTec Communications, will face stiff competition from traditional long distance carriers. VOIP companies may look to partner with Internet services that have an established customer base in the millions, IDC reports.

IDC is a provider of information technology data, industry analysis and strategic and tactical guidance to builders, providers, and users of information technology.

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