Investor's Business Daily

Web Grabs That Phone

June 15, 2005

Parks Associates says 40 million U.S. households will have speedy Internet access at the end of 2005. That's key, because VoIP service requires broadband hookups.

And 24 million U.S. households will have home networks, mostly wireless, by the end of this year, Parks Associates says.

VoIP's emergence poses a threat to big local phone companies. In the mid-1990s, some PC owners used VoIP software to make cheap international calls. New startups, led by Skype, have taken PC-based VoIP to a higher level. They've improved the voice quality and reliability of Internet phone calls.

From the article "Web Grabs That Phone," by Reinhardt Krause.

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