I have to admit, the press release (see bottom of page) I received this morning from Packet8/8x8 may be among the most unique I have ever received as it details how Packet8 is the service provider of choice for a VoIP service provider who is closing its doors. The question is who is this provider who has 12,000 subscribers who is exiting the space?
This news is not surprising however to those of you who read Russell Shaw’s take
on Packet8 based on the conversation he had with 8x8 CEO Bryan Martin at ITEXPO
Here is a salient quote from this article:
SunRocket is not the only company having problems. We know of about three or four major players in the space that have significant customer bases, they’re both into both business and residential applications, and we’ve heard rumors that they’re interesting in exiting the market as VoIP service providers.
’s Richard Zippy Grigonis also has some thoughts on the Bryan Martin keynote at the show. Here is a quote from this article
“Differentiating services is key because it contradicts all of the metrics that Wall Street is complaining about right now about why VoIP is a four-letter word.”
By the way, Bryan said specifically if someone on Wall Street steps in something they look down and say “Oh VoIP!”
This of course is in response the Vonage
and just how poorly this company’s stock has performed over the years.