ITXC.net Grows Past 200 Global Internet Telephony PoPs on Second Anniversary of Service.Business Editors/Hi-Tech Writers SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--April 4, 2000 During a keynote at the Telecom Business Conference 2000 Conference & Expo here, ITXC (Internet Telephony Exchange Carrier Corporation, Princeton, NJ, www.itxc.com) The largest IP exchange carrier in the world. ITXC was acquired by wholesale telco provider Teleglobe Bermuda Ltd. in 2004 and then by Videsh Sanchar Nigam Ltd. Corp(R) (Nasdaq: ITXC) Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Tom Evslin, announced that ITXC.net(TM), the world's largest Internet telephony Another term for IP telephony and VoIP. In the late 1990s, some people made a distinction between Internet Telephony and VoIP: Internet telephony referred to voice over the public Internet, while VoIP referred to voice over private IP networks. network, has now grown to 211 points of presence (PoPs) from 165 at the beginning of 2000. This means that ITXC can use the Internet to carry phone calls - even calls between ordinary telephones - to and from 200 points in 131 cities in 55 countries on all populated pop·u·late tr.v. pop·u·lat·ed, pop·u·lat·ing, pop·u·lates 1. To supply with inhabitants, as by colonization; people. 2. continents. ITXC began commercial wholesale Internet telephony service on April 2, 1998. "Using the Internet to carry calls to anywhere on the globe is highly subversive to traditional telephone monopolies," says Robert Rosenberg, President of Insight Research Corp., a Parsippany, NJ based telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. market research firm. "ITXC.net now has the reach to make a difference in the industry as traffic migrates from the PSTN (Public Switched Telephone Network) The worldwide voice telephone network. Once only an analog system, the heart of most telephone networks today is all digital. In the U.S. to the Internet," according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Rosenberg. Because ITXC uses the public Internet as its infrastructure, it has been able to build a worldwide network many times faster than would have been possible using traditional telephony Meaning "sound over distance," it refers to electronically transmitting the human voice. In the beginning, telephony dealt only with analog signals in the circuit-switched networks of the telephone companies. circuits or even private IP bandwidth. ITXC.net grew from nothing to its current size in exactly two years of commercial service. According to Evslin, "Speed of deployment is almost as significant an advantage for Internet telephony as cost of transport." ITXC carried over 150 million wholesale minutes during 1999, more than 72 million of these were in the fourth quarter alone when traffic grew sequentially by 70% from the third quarter. ITXC routes phone-to-phone and web-to-phone traffic over ITXC.net. ITXC controls the quality of Internet calls by using its patent-pending BestValue Routing(TM) technology. Callers using ordinary phones are usually not even aware that their carriers have chosen to route over the Internet through ITXC since they get the quality they expect. Web callers get the benefit of technology proven by meeting the needs and expectations of phone-to-phone customers. Ten of the top twelve facilities-based US international carriers have contracted with ITXC to complete international calls for them. Three of the top European carriers are connected to ITXC.net. Eleven PTTs, including China Telecom, Gambia Telecommunications Company See telecom company. , and Korea Telecom KT (formerly, Korea Telecom, Korean: 한국통신, NYSE: KT) is South Korea's top integrated wired/wireless telecommunication service provider. KT has been Korea's leader in the development of the information & communications business for the last 25 years , are ITXC affiliates. Announced web-based customers include Dialpad.com, MediaRing, and Onebox.com. About ITXC Corp: ITXC Corp (www.itxc.com) is the service providers' service provider for voice on the Internet. ITXC WWeXchange Service provides phone-to-phone wholesale call completion for carriers and resellers and has been chosen by ten of the top twelve U.S. facilities-based carriers, leading European competitive carriers and PTTs worldwide to complete their customers' calls. ITXC webtalkNOW! Service enables portals, ISPs, and communications web sites to offer PC-to-phone calling to their customers under their own brands. Both services provide high quality over the public Internet by routing calls on ITXC.net which is the largest Internet telephony network in the world with 211 points of presence in over 131 cities and 55 countries. Announced carrier affiliates include Ameritech, Bell Atlantic, China Telecom, Gambia Telecommunications Company, Interoute, Justice, Korea Telecom, and Pacific Gateway Exchange. Web-based customers include Dialpad.com, MediaRing.com and Onebox.com. Forward looking statements: ITXC may not meet the projections reflected in its forward looking statements due to numerous risks and uncertainties, including, among other factors, the volatile and competitive environment for Internet telephony, changes in domestic and foreign economic, market and regulatory conditions and other risks detailed in ITXC's reports filed from time to time with the SEC. ITXC Corp and WWeXchange are registered trademarks. ITXC.net, BestValue Routing, and ITXC webtalkNOW! are trademarks and service marks of ITXC Corp. All other trademarks mentioned in this document are the property of their respective owners. |
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