Growth in VoIP Peering ITXC Carries Record Voice Call Volumes for Holidays http://www.itxc.com/pages/press/release229.html “ In past years, our carrier customers used ITXC to complete their subscribers’ calls because our VoIP technology allowed us to provide them high quality at low prices. Usually, the only VoIP involved was within our network. Now carriers also choose ITXC for interconnection because they themselves are deploying VoIP equipment in their own networks or even at their subscribers’ premises. Our technology allows these carriers to connect their VoIP networks to ours at much less cost than a legacy PSTN interconnect and with much greater flexibility.” In the fourth quarter of 2003, over one third of ITXC's traffic was originated or terminated through a direct VoIP interconnect between ITXC.net® and the network of another carrier. ITXC has VoIP interconnects with over 140 carriers or service providers in 60 countries and supports VoIP traffic exchange with a wide variety of network equipment vendor platforms based on either Session Initiation Protocol (SIP) or H.323 call control protocol. iBasis Posts Record VoIP Call Volume During New Year's Day http://www.ibasis.com/news/PR2004/pr01072004.htm "In addition to setting an overall record for traffic, we are experiencing a record volume of traffic that enters or exits the iBasis Network as IP traffic," said Ofer Gneezy, president and CEO of iBasis. "Major carriers have been deploying VoIP infrastructure to support both retail services and direct VoIP carrier interconnects. At the same time, new service providers are delivering VoIP services directly to residential and business consumers. Both can realize significant cost efficiencies by establishing direct VoIP interconnections with our proven global VoIP infrastructure. "More than 70% of iBasis traffic either originates or terminates through our direct VoIP interconnects with service providers. Direct VoIP interconnects require significantly less capital expense in the iBasis network than legacy TDM interconnects. In addition, we are enabling our customers to more fully benefit from the efficiencies of VoIP and the public Internet for global telecommunications."