World VoIP NewsDecisive agreement between Bandwidth.com and Verizon
Decisive agreement between Bandwidth.com and Verizon
Bandwidth.com and Verizon announced about groundbreaking Commercial Agreement on the Exchange of VoIP Traffic. Bandwidth.com is a private telecommunications company based in Research Triangle Park, North Carolina, and commercial deal with the Verizon foresees the VoIP traffic termination of each other's at a rate of $0.0007 per minute.
The practical result of such an agreement is the cost certainty for both enterprises on the provisional traffic exchange, thus increasing the frontiers for them to make further investments in innovative services that benefit their customers.
"For too long, uncertainty over what charges apply to VoIP traffic has served as a wall to the innovations customers want and the lower prices they need," said John Murdock, President of Bandwidth.com. "We are delighted to be working with Verizon in reaching a commercial deal that hopefully will serve as a path for the industry and service providers to move forward and better serve customers."
"This agreement demonstrates how VoIP and other innovative services can flourish through private agreements. We know from our experience first hand how such services can spur economic growth and workplace productivity, while lowering costs and generating job growth," Murdock noted.
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