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$60 mln will be spent on hosted VOIP in 2004

The market for hosted IP voice services among US businesses is expected to reach nearly $60 mln by the end of 2004. IDC projects a compound annual growth rate of 282% to reach $7.

The market for hosted IP voice services among US businesses is expected to reach nearly $60 mln by the end of 2004. IDC projects a compound annual growth rate of 282% to reach $7.6 bln in 2008.