Posted on 03. Nov, 2003 by NetworkIP in Media Coverage
At WR, we’ve watched 800# meet-me conferencing come down in price to less than a dime per minute – for volume users. However, occasional users still pay upwards of $0.30 per minute per line, or $180 for a one-hour conference with 10 participants. This is where NetworkIP comes in. Although they may not be a household name, NetworkIP is the wholesale company behind many of the pre-paid calling cards (especially international) available at your local supermarket and convenience store. (In this sense they are similar to West, a calling card company that recently acquired InterCall and ConferenceCall.com.) Their annual revenue is roughly $150M, they connect more than 800,000 calls per day, and currently have more than 350 million (not a typo) PINs in service. Now they’ve turned their attention to pre-paid calling-card conferencing.
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Written by: Andrew W. Davis