Aug 01 2008

Packet 8 Doubles Profit

Published by Patrick and Fred at 3:04 am under VoIP
Tagged as: , ,

VoIP provider Packet 8 announced a profit of 1.2 million dollars in the first quarter. Last year the company reported a first quarter net profit of 508 thousand dollars. With the news sharing stories of economic crises and devastating business loses, a VoIP provider doubling profit couldn’t come at a better time.

The launch of Packet 8’s business trunking service helped the company gain more than 1,000 new business customers (they now have approximately 12,000 business clients).

2 Responses to “Packet 8 Doubles Profit”

  1. # Packet 8 Doubles Profiton 01 Aug 2008 at 5:13 am

    [...] Original Voip Tech Chat [...]

  2. # dean.collinson 04 Aug 2008 at 9:21 am

    Lol maybe they can use some of that profit to prevent outages like they ahd on Friday

    http://blog.tmcnet.com/blog/tom-keating/voip/level-3-packet8-major-outage.asp

    … And no I didn’t get an email telling me the lines were down. As a customer it really pisses me off when outages occur but companies dont alert us to the event.

    Cheers,
    Dean

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